The Anti-Corruption Commission on Monday said that it had seized documents of 23 categories belonging to 15 people, including national cricketer Shakib Al Hasan and alleged stock market manipulator Abul Khayer Hiru, as part of an investigation into a Tk 256 crore share market manipulation case.
ACC deputy director for public relations Md Aktarul Islam said that the commission had recently collected and seized various documents, including an investigation report, from the Bangladesh Securities and Exchange Commission.
He said that letters had also been sent to different offices seeking information regarding the accused persons’ financial transactions, assets and investments.
The ACC filed the case on June 25, 2025 against 15 people, including Shakib Al Hasan, accusing them of embezzling more than Tk 256 crore through share market manipulation.
According to the case statement, the accused allegedly lured general investors and artificially inflated share prices in an organised manner before siphoning off huge amounts of money.
The case also accused Shakib of directly embezzling about Tk 2.95 crore.
According to the ACC, Shakib invested in shares of Paramount Insurance Company Limited, Crystal Insurance Company Limited and Sonali Papers Limited through alleged market manipulator Abul Khayer Hiru.
The FIR further alleged that Shakib later became involved in activities aimed at artificially increasing the prices of those shares in the market.
Apart from the stock market scam case, the commission was also investigating allegations of money laundering and acquisition of wealth beyond known sources of income against Shakib, ACC sources said.
The sources said that the ACC was contacting various institutions at home and abroad to collect relevant information and was also verifying details of his possible assets and financial transactions in the United States and Dubai.
Shakib Al Hasan was appointed as a goodwill ambassador and brand ambassador for the ACC’s anti-corruption campaign in 2018. However, the commission did not renew the contract in 2022 following several controversies.
