Bangladesh Bank (BB) has issued show cause notices to the managing directors (MDs) of banks for their alleged involvement in dollar manipulation. Besides, investigation is going on against 12 other banks on the same allegation. After the removal of the treasury head of 6 banks, the central bank issued the show- cause
Tag: manipulation
8 edible oil importers sued for market manipulation
Bangladesh Competition Commission (BCC) filed cases against eight importer companies for manipulating the production and supply of edible oil in the country on Wednesday. The companies are: City Edible Oil Limited (Teer), Bangladesh Edible Oil Limited (Rupchanda), Meghna and United Edible Oils Refinery Limited (Fresh), Bashundhara Oil Refinery Mill (Bashundhara), Shabnam