physically disabled Can't walk normally. However, former prime minister Sheikh Hasina's uncle Sheikh Kabir Hossain was at the top of 23 important institutions and organizations under the influence of power. These institutions and organizations include several insurance companies listed in the stock market, public and private companies in the service sector, private universities and important associations. Due to physical illness, he could not regularly participate in the board meetings of these institutions. But by breaking his name and sometimes showing the influence of power, various people got various government benefits. Again after taking over a company he was put forward.

These companies were owned by former Prime Minister Sheikh Hasina's private sector and investment adviser Salman F Rahman, controversial businessman Chowdhury Nafiz Sarafat and several businessmen who took advantage of the government. There was a kind of stagnation in the core work of these organizations. But he was put forward to take special advantage. He himself has taken benefits from several institutions. Also at the same time entrepreneur director of more than one listed company was independent director of other more than one listed company, which is in conflict with the existing law. This information has come up in Yugantar's search. Regulatory body BSEC says it will look into the matter.

When asked, Executive Director of Bangladesh Securities and Exchange Commission (BSEC) Mohammad Rezaul Karim told Jugantar that we are looking into the matter. Necessary action will be taken in case of violation of the existing laws being at the same time the entrepreneur director of the listed company and independent of other companies.

82-year-old Sheikh Kabir Hossain is Sheikh Mujibur Rahman's cousin. As such, Sheikh Hasina's uncle. He was also the president of Gopalganj District Association. In this identity, he was at the top of various organizations. But after August 5, when the Awami League government fell, he resigned from most of the institutions.

According to Yugantar's investigation, Sheikh Kabir was at the top of 23 organizations including various companies, organizations and important organizations. These organizations include Chairman of Central Depository Bangladesh Limited (CDBL), an electronic share depository company, Chairman of Fareast Islami Life Insurance, Chairman of Sonar Bangla Insurance, Chairman of Government National Tea Company, Managing Director of Kabiko Limited, Managing Director of Kabiko Food Limited and Masuda Dairy Nutrition and Was Independent Director of Best Holding (La Meridien Hotel). Also President of Bangladesh Insurance Association (BIA), Chairman of Private University Association, Chairman of Board of Trustees of Far East International University, Vice Chairman of Islami Eye Hospital, Member of Board of Governors of Bangladesh Open University, Chairman of Health and Education for the Local Under Privileged People and Khan Saheb Sheikh. Mosharraf Hossain was the chairman of the foundation.

When asked, Sheikh Kabir Hossain told Jugantar on Saturday, "I have given up the responsibility of all institutions." Only insurance associations have names. The Vice President is serving here. They told me, 'You stay till the annual general meeting. Otherwise an election must be given first.

Sheikh Kabir said, I am physically very sick. can't walk As a result, I retired. He said, I have done a lot in my life. I have been doing this all my life. I was in many institutions. No more capacity now.

CDBL is the most sensitive company in the stock market. This organization is called stock market database. Sheikh Kabir was the chairman of this institution from 2014 to 12 August 2024. But even if there was a chairman, he did not come regularly to board meetings. Controversial businessman Nurul Fazal Bulbul, former director of private Exim Bank, has run the company as vice chairman. At that time there were allegations of widespread corruption, share information falsification and fraud in the appointment of the company against CDBL. Jugantar has made several reports on these issues. BSEC found the truth after investigating. Government National Tea Company is one of the other companies in the stock market that embezzled investors' money. Controversial businessman Chowdhury Nafiz Sarafat took over this company with the help of government investment company Investment Corporation of Bangladesh (ICB). After that Sheikh Kabir was made the chairman. In this case there were 6 directors of Gopalganj including Nafiz Sarafat. After that, the gang looted the government institutions by throwing out the MD. As a result, this profitable company has made a loss of Tk 223 crore in 5 years. Best Holdings is a widely criticized and highly controversial company in the stock market in recent times.

The company was listed on the stock market in February 2024. But the enrollment process started in 2019. The company's financial reports were riddled with fraud. The owner of this company is accused of money laundering, Amin Ahmed. He is currently in jail in an Anti-Corruption Commission (ACC) case. Controversial businessman Nafiz Sarafat contributed the most to listing the company on the stock market. The then chairman of BSEC Professor Shibli Rubaiyat-ul-Islam stopped the enrollment first. Later, with the intervention of Salman F. Rahman, a compromise was reached between the parties. In this case, Sheikh Kabir was made an independent director in the company. Again, Best Holdings gave 2 lakh placement to Sheikh Kabir's company Kabiko Limited. Institutional investors had to buy this amount of shares for 70 lakh rupees. Salman F Rahman, Shibli Rubaiyat, newly dismissed army officer and former army quartermaster Lt Gen (retd) Mujibur Rahman have taken advantage. Mujib took 5 lakh 46 thousand shares in his name, wife and son's name. Former Chief Secretary Najibur Rahman and former IGP Benazir Ahmed also took advantage. Lt. Gen. (retd.) Sheikh Mamun Khaled was made Independent Director of the company. The activities of various intelligence agencies during the registration of the institution were eye-catching.

Fareast Life Insurance was the top insurance company in the stock market. Nazrul Islam, the then chairman of the company, built a mountain of wealth in the United States by embezzling thousands of crores of rupees from the company. Shibli Rubaiyat-ul-Islam dissolved the council when Yugantar news was published on the matter in 2021. Then Salman F Rahman took over the company. But Sheikh Kabir Hossain was made the chairman. At present, thousands of customers of this organization are going from door to door for the owed money. The company owes customers over Rs 2,000 crore.

Besides, Sheikh Kabir was the president of Insurance Association for more than 14 years. He became the president of this organization in 2011. He left after the fall of Sheikh Hasina. It was difficult to get appointed as chairman and member of IDR (Insurance Development and Regulatory Authority), the regulatory body of the sector without his blessings. When Sheikh Hasina's government fell on August 5, Sheikh Kabir resigned from various institutions.

Also President of Sheikh Kabir Gopalganj District Association, Member of Regent Board of Bangabandhu Sheikh Mujibur Rahman University of Science and Technology, Syndicate Member of Khulna Agricultural University, Member of National Social Welfare Council, Member of National Consumer Rights Protection Council, Member of Board of Governors of Bangladesh Insurance Academy, Bangladesh Academy Member of Board of Governors of For Securities Market and Member of Board of Governors of 'Father of Nation Bangabandhu Sheikh Mujibur Rahman Memorial Trust'.