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ConvictedTribunal case number not stated in cited reporting

Kashem Silk Mills stock-manipulation case

Court-reported conviction record involving SPM chairman Shelly Rahman and client Syed Mahibur Rahman over Kashem Silk Mills share trading.

Convicted: A court has entered a conviction; check appeal status separately.
A category describes the subject matter of a record; it does not independently establish liability or guilt.
Category
Financial misconduct
Jurisdiction
Bangladesh
Authority
Bangladesh Securities and Exchange Commission
Court
Capital Market Special Tribunal
Filed
1 Jan 2004
Last verified
14 Aug 2026

Detailed description

bdnews24 reported that Securities Promotion & Management Ltd chairman Shelly Rahman and client Syed Mahibur Rahman received two-year sentences and fines in the Kashem Silk Mills manipulation case.

People involved and exact roles

Shelly Rahman

Convicted person · Trial-court conviction reported; appellate posture not established here.

Trial-court conviction reported; appellate posture is not established in this record.

Syed Mahibur Rahman

Convicted person · Trial-court conviction reported; appellate posture not established here.

Trial-court conviction reported; appellate posture is not established in this record.

Timeline

    Evidence summary

    bdnews24 reported the tribunal verdict and Kashem Silk Mills trading context.

    Outcome

    Conviction reported Two years' imprisonment and Tk 15 lakh fine reported for each convicted person

    Primary sources

    Secondary/news sources

    Subject responses

    Corrections

    Related cases

    Kashem Silk Mills stock-manipulation case