Finance News: Latest Financial News, Finance News today in Bangladesh

Recovery process of laundered money complex, daunting

Amid discussions by the interim government about repatriating laundered money from Bangladesh during the Awami League regime, which could alleviate the strain on the ailing macroeconomic outlook, economists have cautioned that the process would not be straightforward or swift."Bringing back siphoned money is a complex undertaking requiring expertise, forensic technology...

Customers want reconstitution of Islami Bank board of directors

Clients of Islami Bank Bangladesh PLC on Saturday called upon the authorities concerned to reconstitute the bank's board of directors by reinstating the directors who originally established the Shariah-based bank in the country.They condemned the bank's takeover under the direct patronisation of the interim government leading to significant financial losses,...

BNP calls for dialogue on polls roadmap

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir has suggested that the interim government arrange a constructive dialogue with political parties and hold a general election at a logical time."We've confidence in the interim government that it will hold polls within a logical time," he told a discussion...

Some members brought entire police force against people

Dhaka Metropolitan Police (DMP) Commissioner Md Mainul Hasan said on Saturday that a handful of unprofessional and ambitious police members brought the entire police force against the people during the recent movement to unseat the Sheikh Hasina-led regime. He, however, said that it would take some time to make the...

ERL employees want MD's resignation on corruption allegation

Employees along with student leaders of anti-discrimination movement have demanded the resignation of managing director (MD) of state-run Eastern Refinery Ltd (ERL) Md Lokman for his alleged involvement in corruption, said sources.They staged a demonstration at the premises of the refinery and submitted a memorandum on Thursday last, seeking the...

Committee formed to address demands of Ansar members

The Home Ministry, through its Public Security Division, has announced that the government has carefully considered the demands put forth by general Ansar members, reports UNB.The ministry stated that the Chief Adviser has been briefed on the situation and that initial evaluations of the demands show that some of them...