Dhaka, Feb. 17 -- Despite the Criminal Investigation Department (CID) submitting its investigation report, Hasan Taher Imam, CEO and MD of Race Asset Management, remains unaccountable for the alleged embezzlement of hundreds of crores of BDT from investors.Sources reveal that Hasan Imam misused investors' funds through fraudulent schemes, channeling money into his controlled brokerage house, Multi Securities, and several other companies. Investigators estimate that he embezzled Tk 700 crore over five years, further eroding trust in Bangladesh's struggling mutual fund sector.Authorities, including the Bangladesh Securities and Exchange Commission (BSEC) and the Anti-Corruption Commission (ACC), are actively probing money laundering and asset...
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