money laundering
'Laundering' Tk 3,000cr: Court issues travel ban on Premier Bank AMD, 3 officials
A Dhaka court today issued a travel ban on four officials of the Premier Bank PLC, including its Additional Managing Director Md Shahid Hassan Mallik, in connection with allegations of laundering about Tk 3,000 crore through sanctioning fake loans to 43 suspicious institutions which exported manufactured garments.
An uninspiring budget proposal
It fails to commit to reforms and address people’s sufferings
Money Laundering: ACC presses charges against Bacchu, his wife
The Anti-Corruption Commission yesterday pressed charges against former BASIC Bank chairman Sheikh Abdul Hye Bacchu, his wife Shirin Aktar and six others over money laundering.
Cash transactions creep up despite digital push
Cash transactions in Bangladesh have continued to creep up in spite of significant developments in digital payment methods and digital financial services over the last decade, as per the latest annual report of Bangladesh Financial Intelligence Unit (BFIU).
S Alam's offshore wealth / SC voids HC suo moto rule
The Appellate Division of the Supreme Court today discharged the High Court Division’s suo moto rule that had ordered an investigation into S Alam Group’s wealth abroad
Development strategies: What worked before will not in the future
Bangladesh must embrace change for a sustainable development
Will easy-money scams continue to haunt us?
Online vigilance a must to protect citizens plagued by poverty and desperation
Time to be tough on scam-hit NBFIs
Authorities must improve monitoring to keep the sector in check
Rising inequality will be our doom
BBS survey reveals alarming picture of wealth concentration by the rich
Probe into offshore business: S Alam Group seeks stay on HC order
A petition has been filed with the Appellate Division of the Supreme Court seeking stay on a High Court order that asked the authorities concerned to probe allegations against the owner of S Alam Group of amassing huge amounts of properties abroad without Bangladesh Bank's permission
S$1B Laundering Case: 11 more assets in S’pore linked to suspects
Eleven more properties were issued with prohibition of disposal orders in the billion-dollar anti-money laundering case involving foreigners from Fujian, said the Singapore police yesterday.
Singapore money laundering crackdown: Who are the 10 foreigners arrested?
Ten people were charged yesterday after police conducted simultaneous raids across Singapore as part of an investigation into money laundering and forgery offences
S Alam seeks to become party to HC order
S Alam Group on Monday submitted two petitions, one seeking to be made a party to a probe ordered by the High Court, and the other seeking a retraction of the probe and a gag order on media
S Alam’s ‘Assets Abroad’: HC declines to recall its probe order
The High Court yesterday declined to entertain a verbal appeal for recalling its August 6 order that had asked government authorities to probe the allegations that S Alam Group owner Mohammed Saiful Alam is running offshore businesses without Bangladesh Bank’s permission.
S Alam’s ‘properties abroad’: HC declines to recall its probe order
The HC order came after The Daily Star published an investigative report on August 4 on S Alam's business empire worth at least about $1 billion in Singapore
S Alam serves legal notice on govt, four newspapers
A legal notice was served on the government, four editors of national newspapers, including The Daily Star, and seven journalists of the dailies on Thursday for reports the dailies published on Mohammad Saiful Alam and S Alam Group.
S Alam Group’s rejoinder, our reply
Below is the full unedited text of the rejoinder, dated August 7, 2023, along with our response
HC orders probe into S Alam’s ‘properties abroad’
The High Court yesterday directed the authorities to investigate the allegations against the S Alam Group owner of owning businesses abroad without Bangladesh Bank’s permission.
HC orders probe into S Alam's 'properties abroad'
Move comes following report published on The Daily Star under the headline 'S Alam's Aladdin's Lamp'
