A preliminary review shows that Beximco has taken loans from seven banks through fraud in the last 15 years and smuggled them abroad, the CID said on Sunday. It has taken loans of Tk 21,681 crore from Janata Bank, Tk 5,218 crore from IFIC Bank, Tk 295 crore from National Bank,
Tag: Money
Saudi arts hub CEO arrested for money laundering: statement
The head of a tourism and heritage project meant to help establish Saudi Arabia as a global arts hub has been arrested on suspicion of money laundering, authorities announced late Sunday. Amr bin Saleh Abdulrahman AlMadani, chief executive of the Royal Commission or AlUla in the northwestern Medina region, "was arrested for
PK Halder gets 22-yr jail for money laundering
A Dhaka court on Sunday sentenced disgraced director of International Leasing and Finance Service Ltd (ILFSL) Proshanto Kumar Halder, also known as PK Halder to 22 years' of imprisonment in a case over amassing wealth and money laundering. Thirteen other accused in the case were sentenced to seven years' imprisonment each. Judge
Govt aims to raise money supply in next two fiscals
Govt will bring back the money Hawa Bhaban laundered: Quader
Awami League General Secretary Obaidul Quader Thursday said the government will bring back all the money Hawa Bhaban siphoned off abroad during the BNP-Jamaat era."Tarique Rahman (BNP acting vice-chairman) moved to London saying that he did not want to do politics. Tarique Rahman was identified by FBI (Federal Bureau of
Over Tk 368cr swindled in one decade
In the past 10 years crores of taka have been swindled through illegal appointments, receiving extra money than salaries and using fake certificates from different educational institutions across the country, shows a government report. Under these irregularities at least Tk 368.93 crore had been swindled between the fiscal year 2012-2013 and
HC asks govt to explain inaction over deposits in Swiss Banks
The High Court (HC) on Thursday order the government and the Anti-Corruption Commission (ACC) to explain why the government didn't seek information of deposits of Bangladesh money in the Swiss banks. The HC bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat passed the suo moto order and asked
bKash launches instant add money service from BDBL
bKash and Bangladesh Development Bank Limited (BDBL) have launched fund transfer service for their customers, a press release said Sunday. Now the customers of BDBL can add money instantly to any bKash account without any charge, anytime. To avail this service, customers registered to BDBL iBanking, select ‘Add Money’ icon
