BSEC seeks travel ban on PFI Securities board members  

The capital market regulator Bangladesh Securities and Exchange Commission (BSEC) has applied for a travel ban on the directors, managing director and chief executive officers of brokerage house PFI Securities Limited (Trek No. 79) on charges of embezzling Tk 28.8 crore from investors.

At the same time, it has been decided to permanently block the bank accounts of the directors and officers of the brokerage house and take actions under the rules of the Securities Act.

BSEC has also decided to file a complaint with the Anti-Corruption Commission (ACC) to take actions against the directors and officials of PFI Securities.

BSEC sources said that the decision was taken after reviewing and verifying the report of the investigation committee recently formed against PFI Securities Limited.