BSEC Discover About Prime Finance’s Money Laundering

Date:

Post View:

BSEC Discover About Prime Finance’s Money Laundering

The Anti-Corruption Commission (ACC) will receive an investigation report from the Bangladesh Securities and Exchange Commission (BSEC) regarding claims of Tk 296 crore in money laundering against Prime Finance and Investment, PFI Securities, and Prime Finance Capital Management.

On Monday, July 14, BSEC Director and Spokesperson Abul Kalam signed a press statement containing this information.Prediction of share price

According to the announcement, the BSEC’s inspection revealed proof that these three banks had misused margin loans to commit money laundering. It has also been suggested that steps be taken in this case to prevent the departing directors and managing directors of the corporations in question.

It is important to remember that in order to maintain accountability and openness in the financial industry, BSEC routinely examines the operations of different financial institutions. It includes this investigation as well.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Undermining Local Spinning in Favour of Imports: At What Cost?

S H Fahim: Bangladesh's debate over bonded warehouse facilities...

Leadership Development Training held at Al-Arafah Islami Bank

A day-long training programme titled “Connect, Influence & Grow:...

Southeast Bank signs MoU with Fair Technology to promote Hyundai vehicles

Southeast Bank PLC. has signed a Memorandum of Understanding...

Women entrepreneurs receive only 7.5pc of CMSME loans

Women-owned businesses received only 7.5 per cent of total...