The DSE will sell its Tk 100 million worth of shares with CDBL to pay the Crest investors, if necessary, Hoq said. It asked Bangladesh Bank through Bangladesh Securities and Exchange Commission to freeze bank accounts of Crest directors. The stock exchange also informed police and immigration authorities so that the people involved with Crest cannot flee Bangladesh, Hoq said. According to the information given on the website of the brokerage house, Crest Securities was incorporated in 2006. The investors’ money has also been stuck and the whole situation has forced the Crest authorities to close the offices, he added.

Source: bd News24 June 28, 2020 16:30 UTC