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Professor Shibli Rubayat-Ul-Islam | UNB Photo

Home ministry has cancelled passports of nine individuals, including Professor Shibli Rubayat-Ul-Islam, former chairman of Bangladesh Securities and Exchange Commission, and former commissioner Sheikh Shamsuddin.

The other seven whose passports have been cancelled are: former BSEC executive directors Mahbubul Alam, Saifur Rahman, and Rezaul Karim; former BSEC directors Sheikh Mahbub-Ur-Rahman, Mohammad Mahmudul Haque; former additional director SK Md Lutful Kabir; and former BSEC joint director Md Rashidul Alam.


The home ministry cancelled the passports of these nine individuals last week.

Additionally, it imposed a ban preventing all nine, including Shibli Rubayat, from leaving the country.

Allegations have been raised regarding widespread looting in the capital market during Shibli Rubayat-ul-Islam鈥檚 tenure.