FBCCI urges govt to free detained businessmen
Sunday, 23 September 2007
FE Report
The leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in an emergency meeting Saturday welcomed the central bank's initiative to keep the industrial units and business houses owned by detained and absconding businessmen operational.
The meeting decided to request the government to release all the businessmen including two of their former presidents and two current directors against whom there were no specific charges.
The FBCCI believed that if the businessmen were released from captivity, workers employed by them could be retained, country's overall economy will benefit and most importantly the confidence of the business community will be restored.
The FBCCI leaders expressed the hope that the government would be able to resolve the legal complexities surrounding the business houses, the owners, shareholders and directors of which are either in custody or absconding.
"The meeting urged the government to formulate the required guidelines in order to enable businesses clear the salaries of their officials, employees and staffs before Eid festival," Mir Nasir Hossain, president of FBCCI, told the FE after holding the meeting.
The emergency meeting was attended among others by Mohammad Ali, first vice president of the FBCCI, Dewan Sultan Ahmed, its vice president, and directors of the Federation while its president Mir Nasir Hossain was in the chair.
"We have also called upon all concerned for taking necessary action so that staffs and employees of the detained or absconding owners' business houses get salaries and allowances before the Eid festival," a director of the FBCCI who attended the meeting said.
He said the FBCCI Board meeting observed that the import and supply of essential commodities marked a sharp rise in the private sector and prices of essential were showing a declining trend.
The meeting stressed the need for immediate and adequate import of essential commodities at the government level, the FBCCI director said.
The FBCCI meeting, he said, also stressed the need for intensifying the market-monitoring system to keep prices of the essentials at the tolerable limit.
The participants in the meeting, however, said that utmost care should be taken so that no businessman is harassed.
Besides distribution of clothes and cash money as part of jakat during the holy Ramadan, the FBCCI leaders called upon the members of the business community to continue distributing food items among poor people.
The leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in an emergency meeting Saturday welcomed the central bank's initiative to keep the industrial units and business houses owned by detained and absconding businessmen operational.
The meeting decided to request the government to release all the businessmen including two of their former presidents and two current directors against whom there were no specific charges.
The FBCCI believed that if the businessmen were released from captivity, workers employed by them could be retained, country's overall economy will benefit and most importantly the confidence of the business community will be restored.
The FBCCI leaders expressed the hope that the government would be able to resolve the legal complexities surrounding the business houses, the owners, shareholders and directors of which are either in custody or absconding.
"The meeting urged the government to formulate the required guidelines in order to enable businesses clear the salaries of their officials, employees and staffs before Eid festival," Mir Nasir Hossain, president of FBCCI, told the FE after holding the meeting.
The emergency meeting was attended among others by Mohammad Ali, first vice president of the FBCCI, Dewan Sultan Ahmed, its vice president, and directors of the Federation while its president Mir Nasir Hossain was in the chair.
"We have also called upon all concerned for taking necessary action so that staffs and employees of the detained or absconding owners' business houses get salaries and allowances before the Eid festival," a director of the FBCCI who attended the meeting said.
He said the FBCCI Board meeting observed that the import and supply of essential commodities marked a sharp rise in the private sector and prices of essential were showing a declining trend.
The meeting stressed the need for immediate and adequate import of essential commodities at the government level, the FBCCI director said.
The FBCCI meeting, he said, also stressed the need for intensifying the market-monitoring system to keep prices of the essentials at the tolerable limit.
The participants in the meeting, however, said that utmost care should be taken so that no businessman is harassed.
Besides distribution of clothes and cash money as part of jakat during the holy Ramadan, the FBCCI leaders called upon the members of the business community to continue distributing food items among poor people.