Beximco's rejoinder, our reply

Beximco, one of the largest business conglomerates of the country, yesterday rejected media comments and observations about its top management following submission of the stockmarket probe report.
Following is the full text of the statement of Beximco:
We are deeply concerned about the slanderous statements against Salman F Rahman and Beximco group of companies, following the submission of the stock market probe report publicised through some print and electronic media in the country.
From initial scanning of the report, it appears to us that no specific allegation has been brought against Mr Rahman or Beximco companies which has any relationship to any sort of market manipulation or recent share market debacle.
It is unfortunate that although nowhere in the report Mr Rahman or Beximco Companies have been held responsible for the stock market crash, the report has mentioned some of the Beximco companies unnecessarily in an attempt to relate them to possible irregularities, which is irrelevant and baseless, and simply done to tarnish and malign the image of Mr Rahman and Beximco at home and abroad.
Thus we vehemently reject these comments and observations made in the report, which are totally false, fabricated and purely based on hearsay and assumptions only.
We are reviewing the findings of the probe report which have been published in several dailies and also available online, and will shortly respond to each and every point raised in the report about us.
We believe that without proper verification, many have misinterpreted the report findings, and in many instances, linked Beximco with market irregularities just to humiliate its top management.
We clearly state that all transactions were made within the legal framework of the country, and there was not a single instance where we violated any regulatory norms, or did anything unethical or immoral.
We are fully committed to taking all possible measures to protect the greater interest of our 300,000 shareholders, 45,000 employees and other stakeholders.
Therefore, we would appeal to the media and all concerned to henceforth refrain from making any remarks which are not based on facts, as it will only destabilise the market and put a large number of investors and shareholders at stake.
OUR REPLY
The Daily Star report was based on the stockmarket probe report submitted to the finance minister. The Daily Star spoke to Salman F Rahman and quoted him in its report accordingly.

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