A court today (3 March) fixed 20 May for submitting the investigation report in a case filed against 15 individuals, including former Bangladesh national cricket team captain and ex-lawmaker Shakib Al Hasan, over alleged share market manipulation, fraud and money laundering.
Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order as the Anti-Corruption Commission (ACC) failed to submit the probe report on the scheduled date, confirmed ACC official Akkas Ali.
On 17 June 2025, the case was filed under the Prevention of Corruption Act by ACC Assistant Director Sajjad Hossain.
The other accused in the case are Deputy Registrar of the Department of Cooperatives Abul Khair, his wife Qazi Sadia Hasan, Abul Kalam Matbor, Kanika Afroz, Mohammad Bashar, Sajed Matbor, Aleya Begum, Qazi Fuad Hasan, Qazi Farid Hasan, Shirin Akter, Zaved A Matin, Jahed Kamal, Humayun Kabir and Tanvir Nizam.
According to the case statement, the accused allegedly inflated the prices of specific shares in the stock market artificially by conducting illegal serial transactions through their beneficiary owner (BO) accounts, engaging in fraudulent trading, gambling and speculative activities.
Through these activities, a total of Tk 256.97 crore was allegedly misappropriated, which investigators described as “proceeds of crime.”
About The Author
