Money laundering cases are not making much headway for a lack of cooperation from foreign countries, bureaucratic complexities and a shortage of skilled lawyers, said officials of the Anti-Corruption Commission.

We are told that taka is available, and then it’s not there anymore.

While the government is distracted by elections, the financial economy will suffer

Bangladesh welcomed 2022 on a strong footing and was about to recover from the coronavirus pandemic in full swing and fire on all cylinders. In fact, economic activities were almost back to the pre-Covid level.  

Reevaluating economic policies and practices is the need of the hour

Misgovernance, corruption, nepotism and subsequent bad debts keep plaguing our banking landscape.

An unholy nexus of powerful people are protecting those who've stolen thousands of crores.

The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.

The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.

The Anti-Corruption Commission has pressed charges against nine people, including five former members of the board of trustees of North South University for laundering around Tk 304 crore.

A Dhaka court today (October 20, 2022) extended bail of expelled Jubo League leader Ismail Hossain Chowdhury Samrat until November 8 in a case filed for laundering around Tk 222 crore and channeling it to casinos in Singapore and Malaysia between 2011 and 2018.

Comprehensive reforms needed to boost investment, sustain growth

A special court in Kolkata that deals with money laundering cases today (September 22, 2022) extended the judicial custody of Bangladeshi national and former NRB Bank MD PK Halder and five of his associates till November 17.

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

As members of a powerful syndicate, they allegedly manipulated tenders left and right and took cuts from numerous contracts across government offices in Faridpur.

Rapid Action Battalion have arrested two associates of former NRB Global Bank Managing Director (MD) PK Halder, as they were attempting to flee the country.

East India Company colonised Bengal in 1757 when India’s contribution to the world’s GDP was about 27 per cent and Bengal (Suba-E-Bengal) was one of the wealthiest places on Earth.

"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).

Different political parties including the main opposition in parliament today came down heavily on the government’s inaction in knowing the names of money launderers hiding their wealth in the Swiss Bank.

The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.