The Capital Market Stabilization Fund (CMSF) has settled the claims of 30 more Investors on Thursday, the settled amount of claim is Tk. 20,15,453, (Twenty lacs fifteen thousand four hundred and fifty-three) which is approximately 93% of the total claim received by CMSF till now.
CMSF has been established by the Bangladesh Securities and Exchange Commission (BSEC) under the BSEC (Capital Market Stabilization Fund) Rules, 2021. Investors’ Claim Settlement is one of the prime responsibilities of the Fund. Keeping this responsibility in mind, CMSF settled the claims of thirty investors including five women investors namely Iffat Saniat Hossain, Khosh Akter, Mishu Tanjin, Hafiza Begum, and Parveen Hossain on Thursday.
BSEC Chairman Prof. Shibli Rubayat-Ul-Islam handed over the cheques to the claimants in the event chaired by CMSF Chairman Md. Nojibur Rahman and attended, among others, by Commissioner Dr. Shaikh Shamsuddin Ahmed, BOG Members and invited guests.
The CMSF received claims from investors for a total amount of Tk. 22,96,880 (Twenty-two lacs, ninety-six thousand, eight hundred and eighty) till April 28, 2022.
It has settled claims amounting to Tk. 21,33,226 (Twenty-one lacs thirty-three thousand two hundred twenty-six taka) which is around ninety-three (93%) percent of the total claims launched by the investors.
The Chairman of CMSF Md. Nojibur Rahman, said “we are working to ensure the greater benefit for the investors and CMSF is settling claims promptly subject to the proper verification”.
The investors think that CMSF will bring positive changes to the Capital Market through its operations.
