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Niko Resources Shares Fall


Share price of Calgary-based energy company Niko Resources Ltd. fell 3.7% on Monday.

Two former Bangladesh prime ministers have been charged over their dealings with Niko Resources Limited.

An anti-corruption commission spokesman in Bangladesh had said Niko was given three virgin gas fields, while no others were invited to bid.

The contracts relate to Niko’s joint venture agreements for the Feni and Chattak fields, where it is partnered with state gas company Bapex.

Matiur Rahman Chowdhury has more on the story.

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