Abu Jakir : A wave of dissent has swept through country’s political landscape following Prime Minister Sheikh Hasina’s recent visit...
Staff Reporter : The sanction on former Army General Aziz Ahmed was meant for the US commitment to upholding democratic institutions and the rule of law in Bangladesh, the US Department of Defence said on Tuesday. The Department further said that the US government fully supports the Bangladesh government’s efforts to curb corruption. In reply to a question from a journalist, Pentagon Press Secretary Maj. Gen. Pat Ryder said, “The State Department has designated General Ahmed for significant corruption. They...
Court Correspondent : A Dhaka court on Tuesday rejected the bail petition of A Monaem Khan, former Deputy Managing Director of state-owned BASIC Bank, and sent him to jail in 10 embezzlement cases filed in 2015. Judge Mohammad Ash-Shams Joglul Hossain of Dhaka Metropolitan Senior Special Judge’s Court passed the order after Monaem Khan surrendered before the court seeking bail in the cases. Earlier on different dates, the same court accepted the charges brought against BASIC Bank’s former Chairman Abdul...
UNB: BNP on Wednesday announced a three-day countrywide programme demanding the unconditional release of its Chairperson Khaleda Zia, who is...
UNB: Corruption is a way of life across the world, Road Transport and Bridges Minister Obaidul Quader said today, emphasizing...
NN Online Report: A total of 50 Bangladeshi hajj pilgrims died in Saudi Arabia till this morning. Of the total...
Staff Reporter : In the first three months of 2024 (January- March), the country’s total external debt stood at $99.30 billion, marking a minor decrease of $1.34 billion over three months. This contrasts with December 2023, when the country’s external debt peaked at $100.64 billion, reflecting a notable increase of over $4 billion within that quarter alone. Economists attribute this fluctuation partly to the ongoing dollar crisis, which commenced in 2022. The crisis has prompted a reduction in foreign borrowing...
Staff Reporter : Bangladesh and Italy have pledged to elevate their relationship to even greater heights, forging stronger bonds in trade, investment, security, and technological advancements. This commitment was solidified during the second round of political consultations held in Dhaka on Monday. Leading the discussions, Bangladesh Foreign Secretary Ambassador Masud Bin Momen and Italian Secretary General of the Ministry of Foreign Affairs Riccardo Guariglia affirmed a shared desire to broaden cooperation across multiple domains. These include political and cultural ties,...
Staff Reporter : The ways former Inspector General of Police (IGP) Benazir Ahmed and Commissioner of the National Board of Revenue (NBR) Matiur Rahman, along with their family members, managed to sneak out of the country have become a hot topic of discussion. This comes despite the strong vigilance on them by law enforcers, including the Anti-Corruption Commission (ACC). Both Benazir Ahmed and Matiur Rahman are alleged to have amassed significant illegal wealth through corrupt practices. Prime Minister Sheikh Hasina,...
Staff Reporter : Prime Minister Sheikh Hasina is likely to pay an official visit to Beijing from July 8 to...
Noman Mosharef : InterContinental Dhaka owner Bangladesh Services Limited (BSL) suffered declining business performance throughout three quarters of fiscal year 2024. About a decade ago, the state-owned hospitality firm borrowed nearly Tk574 crore from Agrani Bank for renovating the InterContinental Dhaka as per the InterContinental Hotel Group (Asia Pacific) standards. Thanks to interest charges, the loan amount has now swelled up to more than Tk900 crore increasing the firm’s finance costs and eventually throwing the company into losses. This slump...