News update
  • Govt pursuing zero tolerance against human trafficking, organised crime: Salahuddin     |     
  • PM Seeks Japan’s Help to Build Technology, Innovation Hubs     |     
  • Bangladesh Plans Bonded Warehouse Reforms to Diversify Exports     |     
  • Dhaka ranks 4th among world's most polluted cities this morning     |     
  • Lula re-elected Brazilian president in runoff     |     
  1. Home
  2. Nation
  3. BSEC Forms Committee to Investigate Beximco Sukuk Bonds

BSEC Forms Committee to Investigate Beximco Sukuk Bonds

Staff Correspondent; Nation 2024-09-01, 9:52pm




The Bangladesh Securities and Exchange Commission (BSEC) has established a five-member committee to investigate alleged irregularities in the issuance of two bonds by Beximco. These bonds are the Beximco Green Sukuk Al Istisna and the IFIC Guaranteed Sreepur Township Green Zero-Coupon Bond.

In addition to probing the bond issuance, the committee will investigate the selection of Bashundhara Group's ABG Ltd as the strategic partner of the Chittagong Stock Exchange (CSE).

The committee, chaired by Zia Uddin Ahmed, chairman of Terra Resources International Investment & Marketing Services Inc, USA, has been given 60 days to complete its investigation and submit a report.