Former BSEC Chairman Shibli Rubaiyat arrested

  • Staff Correspondent, Barta24.com, Dhaka
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Former BSEC Chairman Shibli Rubaiyat arrested

Former BSEC Chairman Shibli Rubaiyat arrested

The Dhaka Metropolitan Detective Branch (DB) has arrested Shibli Rubayat-ul Islam, the former chairman of the capital market regulator Bangladesh Securities and Exchange Commission (BSEC).

He was arrested from the capital's Dhanmondi area around 10pm on Tuesday (February 4), confirmed DB chief Rezaul Karim Mallick.

বিজ্ঞাপন

He said he was arrested from the capital's Dhanmondi area around 10pm today. He was arrested in a case filed by the Anti-Corruption Commission (ACC).

The Home Ministry recently revoked his passport on charges of aiding in looting in the stock market while he was in charge of BSEC.

বিজ্ঞাপন

Shibli Rubaiyat, a professor at the Department of Banking and Insurance at Dhaka University, took over as BSEC chairman for the first time on May 17, 2020. He took over as BSEC chairman again on May 16 last year after being reappointed.

Shibli Rubaiyat resigned from the post of BSEC chairman on August 10 last year after the Awami League government fell in a student-public uprising. He then returned to his department at Dhaka University.