Transparency International Bangladesh (TIB) has criticized the alleged attempts of the Bangladesh Securities and Exchange Commission (BSEC) to illegally interfere and influence the foreign strategic partner selection process for the Dhaka Stock Exchange (DSE). The organization urged the BSEC to refrain from interfering in the matter, and select the organization that came out on top in the strategic partner selection process. In a statement, TIB Executive Director Dr Iftekharuzzaman said: “The aim of the foreign strategic partnership plan is to further develop the stock market through an organization that possesses modern equipment and necessary technical skills. “BSEC’s illegal attempt to influence the partner selection process is both unexpected and distressing. According to the TIB, the current debacle over selecting a strategic partner has also raised uncertainty and unrest among DSE investors and shareholders.

Source: Dhaka Tribune February 16, 2018 13:05 UTC