SEC fines 4 officials of Saleh Carpet
BDNEWS, Dhaka
The Securities and Exchange Commission (SEC) yesterday fined four top officials of Saleh Carpet Mills Ltd Tk 1 lakh each for not submitting the company's half-yearly financial statement that ended on June 30, 2004. Company Chairperson Dilara Begum, Managing Director Shamim Ara Begum, directors Rezaul Karim Chowdhury and Badrul Huq have been asked to deposit the penalty money within the next 15 days. If they fail to submit the money within the time frame, the company officials will have to pay extra Tk 10,000 per day. On April 5, the SEC fined five officials of the same company for not holding annual general meeting for the year 2003.
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