Jalil, Amu remind govt of results of ‘96 share market scam; demand punishment to plunderers

AKM Moinuddin, UNB Staff Writer

Sangsad Bhaban, June 28 (UNB) – Awami League stalwarts Amir Hossain Amu and Abdul Jalil on Tuesday alerted the government that the recent share market scam has blurred all achievements of the current government.
They reminded that the past Awami League government got the instant result after the 1996 share market scandal.
Recalling the electoral debacle following the ‘96 share market scandal, former AL general secretary Abdul Jalil urged the Prime Minister to ensure exemplary punishment to the share market plunderers no matter who they are.
“We had instantly got the results of ‘96 share market scandal. Punishment must be ensured for those who brought the catastrophe for small individual investors in the share market,” he said in Parliament while taking part in general discussion on the proposed budget for next fiscal.
Jalil, also the former commerce minister, said the Prime Minister is working hard to generate employment for the people, and some people went to the capital market. But through the scandal this time, instability has been created in society.
He said stern action would have to be taken against the plunderers so none can play game with the people’s money.
Amir Hossain Amu said the share market scam ruined all achievements the government has made in the last two and half years.
“It’s like a drop of cow urine into a bucket of pure milk,” he said, participating in the general discussion of the budget.
Amu, member of the AL advisory council, said that after assuming power, the present government has put in all its effort for the development of the country. “But the share market scam has ruined all the achievements.”
He mentioned that the government should take immediate and effective measures to tackle the incidents at the share market.
Amu said the government must take action against the people who were behind all the scams.
Jalil suggested more steps for the welfare of the freedom fighters, saying that many freedom fighters are still struggling on the streets to survive.
He appreciated some of the features of the proposed budget but saw three challenges including inflation and ADP implementation.
Jalil proposed reviewing the proposed 1.5 percent tax at source on exportable goods and increasing subsidy in the agriculture sector.
He said electricity and gas crisis would have to be resolved to keep the wheel of development moving in the right direction.
END/UNB/AKM/