Muhith comes under attack by senior MPs

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Finance Minister AMA Muhith faced the wrath of some senior treasury bench members over the current dilapidated condition of the share market, reports UNB. The senior members are: Tofail Ahmed, Suranjit Sengupta and Sheikh Fazlul Karim Selim. All the senior members asked the finance minister to bring normality in the capital market at any cost. Sheikh Selim told the Finance Minister that he cannot term the investors 'fatkabaj'. "You cannot say like that way. You can't bypass your responsibility by saying you don't understand the share market." He asked the Finance Minister to bring normalcy in share market as soon as possible and warned that if he failed to do so, the Awami League would lose a good number of voters. Selim also rebuked the Finance Adviser to the Prime Minister for his derogatory remarks about the investors. He said that some investors in the share market might be poor, but they are the citizens of the country. "You (Finance Minister) have to show respect to them, respected by them", he said. Selim mentioned that despite steps taken by the government to encourage investment in the country's stock exchanges, the index of the stocks is declining each day. "Take effective measures as soon as possible and stabilise the stock exchanges," he told the finance minister. Tofail Ahmed said that the condition of the share market is not good at all. He also said that many members from the armed forces invested in the share market. Suranjit Sengupta advised the finance minister to force the banks to invest in the market. In this connection he said that the private banks make huge profit from investing in the share market. "They have made huge profit in the recent past. Reinvest this money in the market," he urged.