Ahmed Zaker & Co Chartered Accountants has been banned from auditing all listed companies and mutual funds as the accountancy firm did not attend any enquiry hearing of four mutual funds of UFS Asset Management.
Ahmed Zaker & Co Chartered Accountants has been banned from auditing all listed companies and mutual funds as the accountancy firm did not attend any enquiry hearing of four mutual funds of UFS Asset Management.
Bangladesh Financial Intelligence Unit yesterday asked banks to freeze the accounts of 15 individuals and organisations linked to Universal Financial Solutions Asset Management for 30 days.
In another financial felony in Bangladesh, UFS Asset Management has embezzled Tk 158 crore in investors’ funds, according to a probe of the stock market regulator.
Bangladesh Financial Intelligence Unit (BFIU) today asked banks to freeze the accounts of 15 individuals and organisations connected with UFS Asset Management, including that of Universal Financial Solutions (UFS) Managing Director Syed Hamza Alamgir.