Bajus suspends membership of Gold Kinen
Friday, 10 January 2025
The Bangladesh Jewellers Association (Bajus) has suspended the membership of Gold Kinen Technologies following allegations of irregularities in the trading of gold, reports UNB.
In a press release issued on Thursday, Bajus said that Gold Kinen Technologies was granted provisional membership on December 26, 2022 after fulfilling all conditions required during the application process.
But the association decided to suspend the membership due to non-compliance with its regulations.
Bajus alleged that the company was involved in unauthorised practices, including selling gold bars and coins instead of jewellery, which is against the association's rules.
It mentioned that such activities violate Section 4(a) of the Bajus constitution.