Shortly after chairman of BASIC Bank Sheikh Abdul Hye Bacchu resigned from his post following allegations of financial irregularities involving Tk 4,500 crore in the state-owned bank, the finance minister today said he would face action if found guilty.
Talking to reporters at his Secretariat office this morning, Minister AMA Muhith disclosed that Bacchu went to his residence and tendered his resignation letter to him yesterday.
However, the ground Bacchu cited for his resignation could not be known immediately.
Bangladesh Bank investigations have detected massive financial irregularities involving around Tk 4,500 crore in its three branches 2009 and 2013.
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Dispatch of raw rice stock from Visakhapatnam to Agartala in Tripura in the northeast region through multi model transportation ie, sea-river-road started today in the port area. The activity has been undertaken by the Food Corporation of India, AP region, to meet the public distribution system requirements.

It involves transportation of stock from Vizag port to Diamond Habour in Kolkata by a ship. At Diamond Harbour, the stock will be transshipped into barges and taken through river movement up to Bangladesh. Thereafter, it will transit Banglade...
'Come before the tourists visit" is the old Bangladesh tourist board slogan that had caught my eye and partially inspired my trip. Two days after arriving in the country, I unexpectedly meet the woman who came up with it. I'm at Wilderness, a resort in the north-eastern region of Sylhet, where the majority of British-Bangladeshis hail. It's owned by Nazim Choudhury, whose glamorous wife, Geeteara, now runs her own advertising company.
I tell them I'm heading to Cox's Bazar – the world's longest beach, on the country's east coast, and Geeteara says: "That's where I had the idea for the slogan. Walking on that beach in the 1980s, when no one was around."
"But," interjects Nazim, "the tourists, they never came!" He laughs, partly at the absurdity, partly because he is accustomed to e...
Former Bangladesh external affairs minister Dr Dipu Moni will attend ‘Tripura Conclave’ a regional policy dialogue, slated for July 9 in Agartala. A host of senior diplomats and dignitaries would join the conclave aimed at understanding how Tripura can pull geo-politics of Asia and lead to markets up to China.
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A file picture shows Tripura Chief Minister Manik Sarkar welcomes Bangladesh Foreign Minister Dr. Dipu Moni in Agartala.[/caption]
Organisers on ...