A Dhaka court extended the deadline for investigators to submit their findings against cricketer Shakib Al Hasan and fourteen other defendants charged with financial crimes. Judge Sabbir Faiz postponed the submission after the Anti-Corruption Commission missed the original deadline. The court scheduled November 26 as the new date for the probe report. Prosecutors filed charges against the group under money laundering and corruption laws. The case centers on allegations that defendants manipulated stock prices and committed fraud worth over 256 crore taka.
The Anti-Corruption Commission filed the case in May against Shakib and his co-defendants. Abul Khayer and his wife Kazi Sadia Hasan face accusations of hiding nearly 30 crore taka through suspicious banking transactions. Investigators claim Shakib invested in three insurance and paper companies that Khayer allegedly manipulated. The cricket star reportedly earned almost 3 crore taka from these investments. Court documents detail how the accused artificially inflated share prices to defraud investors.
The Anti-Corruption Commission filed the case in May against Shakib and his co-defendants. Abul Khayer and his wife Kazi Sadia Hasan face accusations of hiding nearly 30 crore taka through suspicious banking transactions. Investigators claim Shakib invested in three insurance and paper companies that Khayer allegedly manipulated. The cricket star reportedly earned almost 3 crore taka from these investments. Court documents detail how the accused artificially inflated share prices to defraud investors.
