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Secondary source

Two Chic Textile directors get jail terms for 1996 stock market manipulations

bdnews24.com

Type
NEWS_REPORT
Document
Not stated
Jurisdiction
Not stated
Published
31 Aug 2015
Accessed
14 Aug 2026
Verification
Reviewed

Short excerpt

Court report that Chic Textiles managing director Md Maksudur Rasul and director Iftekhar Mohammad received four-year sentences and fines in a 1996 stock-manipulation case.

Supported claims

  • Capital Market Special Tribunal conviction
  • Chic Textiles 1996 case
  • Four-year sentence and fine

Related cases

BSEC case filed on April 2, 1997; tribunal case number not stated in cited reporting

Chic Textiles 1996 stock-manipulation case

Convicted
Financial misconductBangladesh Securities and Exchange Commission2 Apr 1997
View case

Related people

MM

Md Maksudur Rasul

Former managing director of Chic Textiles · Bangladesh capital market · 1996-2026

A capital-market accountability figure documented through court, regulator, probe, or investigation reporting.

BusinessBanking
Claims
0
Incidents
1
Cases
1
Sources
6
Relationships
0

Chic Textiles

Last verified: 7 Aug 2026

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IM

Iftekhar Mohammad

Former director of Chic Textiles · Bangladesh capital market · 1996-2026

A capital-market accountability figure documented through court, regulator, probe, or investigation reporting.

BusinessBanking
Claims
0
Incidents
1
Cases
1
Sources
6
Relationships
0

Chic Textiles

Last verified: 7 Aug 2026

Explore profile
Two Chic Textile directors get jail terms for 1996 stock market manipulations