Former chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul-Islam has been arrested by the Detective Branch (DB) of the Dhaka Metropolitan Police (DMP).

DMP Additional Commissioner and DB chief Rezaul Karim Mallik confirmed the arrest, stating that Shibli was detained from his residence in Dhaka’s Dhanmondi around 10:30 pm on Tuesday.

Shibli, who is also a professor at Dhaka University, was arrested in connection with cases filed by the Anti-Corruption Commission (ACC), the DB chief added.