Sikder Insurance IPO Proceeds Despite Rule Violations

Using public’s money for vested interests

Authorities must look into Sikder Insurance’s IPO approval

Sikder Insurance: Rules broken, yet IPO goes ahead

Sikder Insurance Company Limited has invested most of its assets in the capital market, parking funds in a single stock of scandal-ridden National Bank Ltd (NBL), in a corporate wrongdoing influenced by family ties.

December 29, 2023
December 29, 2023

Using public’s money for vested interests

Authorities must look into Sikder Insurance’s IPO approval

December 28, 2023
December 28, 2023

Sikder Insurance: Rules broken, yet IPO goes ahead

Sikder Insurance Company Limited has invested most of its assets in the capital market, parking funds in a single stock of scandal-ridden National Bank Ltd (NBL), in a corporate wrongdoing influenced by family ties.

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