Insider Trading in National Insurance Company Shares

Jun Tue 2021 10:52:47

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Insider Trading in National Insurance Company Shares

Kathmandu. The Insurance Committee has alleged that there is insider trading in the shares of Rastriya Bima Company. A senior official of the committee has revealed that the employees of the company are involved in such 'insider trading'.

A committee source said, "There is no reason for the share price of Rastriya Bima Company to skyrocket to 21,000-22,000."

The company, which has not been able to hold a general meeting for almost a decade, has been forced to hold a general meeting after pressure from all quarters. The company has shown interest in holding a meeting after the Ministry of Finance and the Office of the Auditor General wrote a letter to the company, which has been reluctant to give instructions time and again.