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The Financial Express

PM warns of stern action for playing game with share market

| Updated: May 02, 2019 12:40:41


PM warns of stern action for playing game with share market

Prime Minister Sheikh Hasina told the parliament Tuesday punitive action would be taken if anyone tries to play game with the share market as turnover on the Dhaka Stock Exchange continued to fall over the past few days.

“If anyone tires to play game with the share market, certainly action will be taken against them,” she said during her around forty five minutes valedictory speech in the second session of the 11th parliament.

“Many incidents have already been occurred with the share market and we are taking all possible measures to make it stable,” she said, reports BSS.

The premier urged the investors not to be panicked as the government is taking necessary measures to make the share market stable.

“I have already held meetings with finance minister, secretaries of the finance ministry, Bangladesh Bank governor and chairman of the Dhaka Stock Exchange few days back at the parliament in this regard,” she said.

She called upon the investors to evaluate real situation of the companies before purchasing equity as profit or loss whichever comes from the investment it belongs to an investor.

About resentment of jute mill workers over their due salaries, the premier said, the government has opened up the closed mills on condition of making those profitable and Taka 7,000 crore have been spent in doing so.

The mill owners are running the factories, but paying salaries to their workers after taking money from the government every time, she said.

“Why such incidents are being happened?” she posed a question.

She asked the authorities concerned to find out irregularities in management of the factories to make those profitable, saying, “We would have to overcome the problem in line with the experience of Biman.”

The PM reiterated her call to stay alert against terrorism and militancy, saying, “We should forge collective resistance against the menace.”

 

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