These two sectors bred some new elite classes who didn’t carry any meaningful social base earlier. A section of uncivilised social parasites, locally known as Jamir Dalal (Land Broker) and Adam Bepari (Manpower Dealer), emerged as the determining factors in the economy. With huge kickbacks, they began to occupy the political spaces also. Thus an immoral process of the economy began to rise, which Dr Akbar Ali Khan defined as ‘Shuyorer Bacchader Orthonity (Economy of Bastards)’. I would rather dare to dub it a ‘criminal economy’.
-- writes A. R. Farrukh Ahamed
Responding to Non-compliance with Laws and Regulations (NOCLAR) is an international ethics standard for auditors and other professional accountants. It sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public interest when they become aware of a potentially illegal act, known as non-compliance with laws and regulations, or NOCLAR committed by organizations.
Speakers forwarded these views at a webinar on ‘Responding to Non-Compliance with Laws and regulations: Bangladesh Perspective’ organized by the Institute of Chartered Accountants of Bangladesh (ICAB) on 18 May 2022.
Tapan Kanti Ghosh, Senior Secretary, Ministry of Commerce, GoB joined...