Prominent industrialist City Group and Somoy TV Chairman Fazlur Rahman passed away at a hospital in the capital early Monday.
He breathed his last at the United Hospital around 4am, said the family members, adding that, he had been suffering from respiratory problem for a long time.
Fazlur Rahman worked at his office till Sunday evening. Suddenly at night, he felt ill and was taken to the hospital. There he died while undergoing treatment, they said.
He is survived by wife, one son and three daughters.
The namaz-e-janaza for Fazlur Rahman will be held on Gandaria Dhupkhola ground after Asr prayers.
On February 6, 1972, City Group began its journey as a mustard oil producer. After the success of the first venture, City Group started investing in new areas. At this time, mainly investments are made in production, industry and trading.
In the early ‘90s, City Group undertook more projects and initiatives. Currently, there are more than 40 companies in the industrial group, employing about 25,000 people. The annual turnover of the company is about Tk 25,000 crore.
Apart from the domestic market, various products, including flour and oil, are exported to the USA, China, Japan, Malaysia, India, Cambodia and Nepal.
