News update
  • COP30 under difficult conditions     |     
  • Political parties who signed 'Historic July Charter'     |     
  • যা আছে জুলাই সনদের অঙ্গীকারনামায়       |     
  • Climate Crisis Fuels Hunger, Migration, and Global Instability     |     
  • Trump, Putin to Meet in Budapest After ‘Productive’ Call     |     
  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.