Salehuddin Ahmed, the interim government`s Finance Adviser, said on Sunday that Bangladeshi cricketer Shakib Al Hasan should have been fined for stock market manipulation two years earlier.
Speaking at an event at Gulshan Club in Dhaka on December 15, Salehuddin explained,
“Theft and corruption happen in many countries, but the kind of corruption we see in Bangladesh is uncommon.” He added that even though taxes have been lowered, prices of daily necessities remain high. “Extortion has only changed in form, but it hasn’t been eliminated,” he remarked.
Salehuddin further emphasized, "Shakib Al Hasan should have been fined for stock market manipulation two years ago."
Economist Debapriya Bhattacharya, who was also present at the event, warned that the public will lose patience for reforms if there is no quick improvement in the economy and law and order.
He urged for medium-term, coordinated measures to address these issues.
Back in 2022, Shakib’s name came up in a report by the Bangladesh Securities and Exchange Commission (BSEC), accusing him of manipulating the stock market. As a result, he was fined.
Most recently, on September 24, BSEC imposed a fine of BDT 5 million on the cricketer.
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