•''TTit Beximco Group yesterday saidjhat the allegations against shhKPjrkur Holdings and Beximco Pharmaceuticals made by the Enquiry Commit-tee fhStftuted'bWHie" Securities ahffE»rt%imge'’Ct>mmfssfof^ are •"'completely motivated. baseless without /fact and frivolous." '

In a press release. Beximco added, "is amazing that the SEC could have proceeded not only to file cases but also to obtain arrest warrants on the basis of such flimsy and unreal charges."

The Beximco Group would like to assure that the Group intends to vigorously defend these allegations as per the laws of the land and is confident that it will be able to clear its name through the due process of law. the release said.