Press Secretary to the Chief Adviser, Shafique Alam, on Sunday (May 25) said Bangladesh’s share market had become a hub of looters due to selfish reforms made under past governments.

He was speaking at the “CMJF Talk with Shafique Alam” programme, organised by the Capital Market Journalists Forum (CMJF) in Dhaka.

Shafique Alam said one group had reshaped the capital market to suit its interests under the previous government, while another group later made their own changes and looted it further. 

“None of the reforms helped the market,” he added.

He said the current interim government is working to improve the share market, but the results will take some time. “In the long run, the market will benefit,” he assured.

The event was chaired by CMJF President Golam Samdani and conducted by General Secretary Abu Ali.

MSK/