Two things come easy in Bangladesh -- getting big bank loans and blissfully failing to repay. The money in the vaults seems to be the easiest prey today.
Many private banks and influential individuals are illegally employing armed guards in violation of the firearms law.
Janata was almost a sound bank, the best among its state-owned peers until last year. It saw a dramatic fall in just six months since January this year.
It was the cabinet's oath-taking night after the 2001 parliamentary elections. The phone rang in the newsroom of The Daily Star. On the other end of the phone was the quivering voice of a man who, in his Dhaka University student days, was an infamous “armed cadre” of a political party.
He was hardly known to outsiders until his father, General Ziaur Rahman who became Bangladesh's president in the process of several coups and counter-coups, died in another military putsch in May 1981. Through a Bangladesh Television programme, the countrymen, eventually came to know of Tarique Rahman. And today, he is facing life term as the court verdict goes. From the crux of political power he now lives the life of a fugitive.
It is a piece of paper full of lies and yet it is the legal government document that allows a person to drink alcohol in Bangladesh.
Devoid of the whims, high-handedness and the Cold War propositions of the bilateral and multilateral donors, smaller countries had found a new source of financing in China. Its funds could be easily tapped without being imposed with the harsh conditions like those of the World Bank and the IMF
“Oh my God! Incredulous!” was the expression of a banking expert as he leafed through the Bangladesh Bank probe report. Page after page of it explains in painstaking details how a Bangladeshi business entity allegedly skimmed at least Tk 765 crore in the name of exports from the state-owned Janata Bank and the BB from January 2017 to February this year.
Bangladesh is caught in a limbo between dreamy possibilities and the nitty-gritty of reality. The possibility of moving at a much faster rate is tempered by the grim reality of the current architecture that denies that speed.
At the end of his ruthless massacre and war against an unarmed people, General Amir Abdullah Khan Niazi who led the Pakistan army in the killings, described the genocide of Bangalis in his book “Betrayal of East Pakistan” as “a display of stark cruelty more merciless than the massacres at Bukhara and Baghdad by Chengis Khan and Halaku khan or Jallianwala Bagh by the British General Dyer.”
Shahin is no Priyanath Bose. Nor does his outfit come anywhere near the Great Bengal Circus. Yet he is carrying forward the legacy of circus in Bengal through thick and thin.
It is incredulous that the World Bank, with its expertise on almost anything under the sun, failed to understand through its legal departments that the so-called evidence was all moth-eaten and flimsy.
It is incredulous that the World Bank with expertise on almost anything under the sun failed to understand through its legal departments that the so-called evidence is all moth-eaten and lame. This one single incident will have dented the organisation’s standing in the eyes of the nations.
The bafflement and bewilderment among the saner heads are now widespread as the US election results show Trump has triumphed.
We will never be able to feel his pain and trauma. We will never know his helpless nights in the dungeon of the jailhouse.
We will never be able to feel his pain and trauma. We will never know his helpless nights in the dungeon of the jailhouse. Because even the strongest empathy will fail the experience.
The land mass that rose from the sea bed from the siltation of two mighty rivers, the Ganges and the Brahmaputra, supports a
As a debate rages over the Rampal power plant and its impact on the Sundarbans, a substantive amount of information is available for us to reach some conclusion. The plant may have a far-reaching impact on the world's unique mangrove forest.