Mismanaged by S Alam though govt has majority shares
Although government banks and organizations hold 51% of the shares in Bangladesh Commerce Bank, the controversial conglomerate S Alam Group has effectively taken control of the bank. They have misused their influence to appoint the bank's chairman and managing director. Furthermore, the bank owes Tk 13 billion to other banks and financial institutions owned by S Alam Group.
According to sources, S Alam Group did not borrow money directly from Bangladesh Commerce Bank. Instead, the bank provided Tk 6.10 billion to other banks owned by S Alam Group, and the conglomerate withdrew this amount, either under different names or anonymously. In addition, Tk 7 billion remains stuck in financial institutions owned by S Alam and
Tarique greets cricket team for winning test match
Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman greeted the Bangladesh Cricket Team for winning their opening game with a huge margin against Pakistan at Rawalpindi today.
In a felicitation message, signed by the BNP's Senior Joint Secretary General Advocate Ruhul Kabir Rizvi Ahmed, Tarique Rahman greeted all the players, coach and officials of the national cricket team as well as Bangladesh Cricket Board (BCB) officials concerned for the win.
"I feel overwhelmed and proud to see how the brave ...
In a felicitation message, signed by the BNP's Senior Joint Secretary General Advocate Ruhul Kabir Rizvi Ahmed, Tarique Rahman greeted all the players, coach and officials of the national cricket team as well as Bangladesh Cricket Board (BCB) officials concerned for the win.
"I feel overwhelmed and proud to see how the brave ...
One of our targets is to bring back people’s confidence, says CA
Chief Adviser (CA) Prof Dr. Muhammad Yunus said, "One of our targets is to bring back people's confidence in institutions at every sector in the administration." He said a free, fair and participatory election will be held in the country after necessary reforms to administration, judiciary, the Election Commission (EC), electoral system and law-order sector.
"A free, fair and participatory election will be held after necessary reforms to administration, judiciary, the Election Commission, electoral system, law- order sector and free flow of information to give the student-people a
successful culmination," he said while addressing the nation at 7.30 pm on Sunday.
BTV, BTV World and BTV Chattogram centre broadcasted his address. Prof Yunus ...
Flood situation to improve in Moulvibazar, Feni, Habiganj, Comilla, Ctg
The flood situation in the lower areas of Moulvibazar, Habiganj, Feni, Comilla and Chittagong districts continues to improve, according to the Flood Forecasting and Warning Centre (FFWC).
Bangladesh seal historic Test victory against Pakistan
When it mattered most, the Tigers roared collectively to complete a most decorated victory in their Test history when they sealed a perfect 10-wicket win over Pakistan in the two-match series opening game at Rawalpindi today.
It was their first Test victory against the Pakistan in 14th attempt. Before this Test, Bangladesh lost 12, most of which by an innings margin and drew one game.
The maiden Test victory over Pakistan was some solace for the nation which was going through a difficult time in the last two months-firstly due to a political unrest and then a severe flood that affected badly in various...
Nat’l Committee of civic bodies urges river dredging to curb recurring floods
The National Committee to protect Shipping, Roads and Railways (NCPSRR) on Sunday called for dredging and excavation of all rivers in the country to deal with annual floods.
Besides, the civic organisation demanded to investigate the corruption and looting of the last 15 years in the name of river digging and excavation and punish those responsible, reports UNB.
Mohammad Shahid Mia, the president of the organisation and its general secretary Ashis Kumar Dey made this demand to the government in a statement.
According to the statement that Bangladesh is the downstream country where the upstream water will come naturally during the monsoon.
It also said that most of the country's rivers, including big rivers, are endangered due to encroachment and pollution, neglect ...
