News update
  • New Secy-Gen Shirley Botchwey pledges to advance Co’wealth values in divided world     |     
  • C. A. Dr. Yunus’ China Tour Cements Dhaka-Beijing Relations     |     
  • Myanmar quake: Imam's grief for 170 killed as they prayed in Sagaing     |     
  • Eid Tourism outside Dhaka turning increasingly monotonous      |     
  • China visit a ‘major success’ for interim government: Fakhrul     |     
  1. Home
  2. Cricket
  3. Shakib Al Hasan Fined Tk 50 Lakh for Stock Manipulation

Shakib Al Hasan Fined Tk 50 Lakh for Stock Manipulation

Staff Correspondent; Cricket 2024-09-24, 3:42pm

9k9-40b2b5fbf0721a74729d67a806c6ebac1727171056.jpg




The Bangladesh Securities and Exchange Commission (BSEC) has imposed a Tk 50 lakh fine on renowned cricketer Shakib Al Hasan for manipulating the stock prices of Paramount Insurance. The decision was announced in a press release today.


Shakib's business partner, Abul Khayer Hiru, has also faced repercussions, receiving a Tk 25 lakh fine.

In addition to Shakib and Hiru, several entities linked to the case have been penalized, including Eshaal Communication, Shakib’s company Monarch Mart, Abul Kalam Matber, Lava Electrodes Industries, and Zahed Kamal, all accused of involvement in the alleged manipulation.