Staff Reporter :
The Bangladesh Securities and Exchange Commission (BSEC) has requested the authorities concerned to bar six directors of three listed companies from leaving the country till further notice for financial irregularities.
The stock market regulator earlier this week sent letters to the authorities of the Criminal Investigation Department, immigration, airports, and land ports in this regard.
Md Azimul Islam, managing director of Alif Manufacturing Company Ltd, is one of the six directors.
He is also managing director of Alif Group and chairman of Alif SSL Sports Holdings Ltd.
Another defendant, Mohammad Ali, managing director of Imam Button Industries Ltd, has already fled the country.
Directors of the company Jebunessa Akhter, Hamida Begum, and Lokman Chowdhury are also facing the travel ban.
Jebunessa is the wife of the managing director, while Lokman has lost his directorship for failing to comply with the 2% shareholding rule of the regulator.
