The current chairman of Bangladesh Securities and Exchange Commission (BSEC), Khandkar Rashed Maqsood, is questioned in all quarters of the stock market. Everyone understood him as incompetent. Even BSEC officials say so. But on his behalf, the financial adviser said. Saleh Uddin Ahmed.
The financial adviser said, people say Maksud does not understand the capital market. What does the capital market not understand? The big thing is whether he can catch the theft of the capital market. He is a professional man.
The financial adviser said, those who are writing negatively about the capital market, are the ‘people’ of Shibli Rubaiyat-ul-Islam, the former chairman of BSEC. Apart from this, other associations including the Broker House Association are also almost members of their (Awami League) party. Those who do not like this situation of the market, write in the paper, they are their people.
On Tuesday (October 15), he said these things in a talk show on an American-based YouTube channel called “Thikanay Khaled Muhiuddin”.
Recently, 4 individuals and 5 organizations of Beximco shares were fined more than 428 million rupees. Salehuddin Ahmed said, I asked Maqsood (BSEC chairman) about the fine. He told me, sir this manipulation was discovered in 2021. Penalty has been imposed on that basis. I told you to keep doing it.
The financial adviser also claimed that journalists were hired to question the chairman on the issue of fines. He said, a newspaper editor is asking him (BSEC chairman) why he (trader) was fined? He said to the journalist, I have made 60 crores and will spend 5 crores.
Salahuddin Ahmed claimed that those who protested before the Securities Exchange Commission were not small investors. He said, their idea is to buy shares in the morning and sell them in the afternoon. But this is not a feature of the capital market. In the capital market

