The government Tuesday appointed a counsel to the stock scam probe committee for assisting the body in legal matters.
"The government has appointed Nihat Kabir as the fourth member of the committee," head of the share market scam probe committee, Khondaker Ibrahim Khaled said.
Meanwhile, Mr Khondaker Ibrahim Khaled has said that the body will be able to complete the investigation process within the stipulated time-frame.
He said this while visiting Dhaka Stock Exchange (DSE) Tuesday. Two other members of the probe committe Taufiq Ahmed Chowdhury and Mohammad Abdul Baree were present.
Mr Ibrahim Khaled said that they have made significant progress in the inquiry.
" To complete the inquiry report within two months we have fixed up some priority areas," he added.
"Most of the general people want to know the reasons behind the unusual fall in the market. Our investigation also gives thrust to unearth the reason behind the recent crash, said Mr Khaled, also the Chairman of the Bangladesh Krishi Bank.
The probe committee was formed on January 25 last to investigate the recent unusual fall in the stock market which prompted frequent agitation among the investors of stock market in recent times .The committee was given two months time to complete its probe report.
During the visit, President Shakil Rizvi of DSE showed and briefed the probe committee on operational aspect of the DSE. He assured all kinds of cooperation to them.
Mr Shakil also supported the Finance Minister's view on 'forced sell' of the shares. Recently the Finance Minister commented that forced selling is 'unethical' and it will be stopped.
Meanwhile, the probe committee members on Tuesday sat with the members of the Capital Market Journalists Forum (CMJF). The members shared their opinion on the recent share scam with the probe committee.
Read the original story on the Financial Express
