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The government has canceled the passports of nine individuals, including Shibli Rubaiyat-ul-Islam, former Chairman of the Bangladesh Securities and Exchange Commission (BSEC), over allegations of involvement in a stock market scandal. The Ministry of Home Affairs has also imposed a travel ban. The accused, including former BSEC officials, are suspected of assisting in market manipulation and accumulating illegal wealth. Shibli Rubaiyat resigned following the political upheaval in August 2023, and his departure from the country is now restricted.

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RTV 29 Jan 25

Passports of 9 people including Shibli Rubaiyat cancelled over share scam allegations

The government has canceled the passports of nine individuals, including former Chairman of the Bangladesh Securities and Exchange Commission (BSEC), Shibli Rubaiyat-ul-Islam, in connection with allegations of involvement in a stock market scandal. Along with the cancellation of passports, the Ministry of Home Affairs has also imposed a ban on their travel abroad.


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