Amid much hype over the trading of gold by two companies owned by cricketer Shakib Al Hasan, the Bangladesh Securities and Exchange Commission (BSEC) ciamed to be satisfied with the explanations from the companies.
The regulatory body confirmed its stance through a letter sent to the managing directors (MDs) of the two companies of Shakib Wednesday, reports UNB.
On May 18, the BSEC sent letters to the MDs of Reliable Commodity Exchange Company and Burak Commodity Exchange Company asking for clarification.
The companies sent written replies to the commission on May 22.
The BSEC said the responses were "satisfactory," clearing the way for the companies to trade gold.
