Dhaka, March 4 -- The Anti-Corruption Commission (ACC) conducted an operation at the Bangladesh Securities and Exchange Commission (BSEC) on Sunday (2 March) following allegations of corruption and irregularities within the stock market regulatory body.
According to an ACC statement, the enforcement team examined documents related to Initial Public Offering (IPO) approvals, including application lists, prospectuses, audit reports, and final approval records submitted by companies.
Simultaneously, another ACC team gathered information and documents concerning Beximco Sukuk and IFIC Amar Bond, both linked to Salman F Rahman, according to an ACC source.
The preliminary review revealed that IPO approvals were granted based on fabricated earn...