Nepse CEO Saud resigns amid accusation of his involvement in insider trading
KATHMANDU, August 24: Chandra Singh Saud, Chief Executive Officer of Nepal Stock Exchange (Nepse), resigned from his position on Tuesday, citing accusation of ‘moral hazard’ for purchasing shares of Sarbottam Cement.
allout from the controversial Sarbottam Cement shares scandal has prompted Nepal Stock Exchange (Nepse) CEO Chandra Singh Saud to resign. Investigations by Himalkhabar and carried in this paper this month had exposed the alleged involvement of Saud and Nepal Securities Board Chairman Bhishma Raj Dhungana in insider trading on Sarbottam stocks just as the IPO […]