Investigation committee of four members, officially delegated by Security and Exchange Commission (SEC) to investigate the last monday incident of Central Depository Bangladesh Limited (CDBL), handed their final report to the chairman of SEC today.Primarily, they have identified technical fault as the main reason for the accident of last monday that compelled CDBL to stop their operation.The committee have also recommended some necessary steps for SEC to stop any further incident like this.Specially, they have recommended to increase answerability and liability among technicians and officers in charge of CDBL.However, the committee did not accused or blamed anyone significantly for any sort of negligence.
Earlier, on last monday, there was a technical issue on CDBL that prohibited them to settle some last hour transition of trade of that day.As a result, SEC had to suspend trade of the following day in DSE and CSE.To find out the proper reason of that occurrence and if there was any foul play behind it, SEC formed a committee to investigate the whole incident on last tuesday.Executive Director of SEC, Ashraful Islam was appointed as the addresser of the committee.
On last thursday, Central Depository Bangladesh Limited (CDBL) authorities assured investors that, no data has been lost or damaged from the CDBL server due to the last monday incident.CDBL arranged a press conference where, Mr. M H Samad, MD & CEO of CDBL said, There was a problem with the application that malfunctioned on that day and our expert technicians fixed it as quickly as they could and restored the application in functional condition again. CDBL server or database is safe and working fine and there was no data loss.All transactions of monday trade are settled accurately.


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