A group of men wearing uniforms resembling those of the Rapid Action Battalion snatched Tk 1.08 crore from employees of a Nagad distributor in Dhaka’s Uttara yesterday morning.
The Anti-Corruption Commission yesterday raided the Dhaka headquarters of Nagad as part of an investigation into allegations of irregular recruitment and embezzlement of Tk 150 crore through fake bills and vouchers.
The discord became apparent after Faiz Ahmed Taiyeb, special assistant to the chief adviser with authority over the Ministry of Posts, Telecommunications and IT, sent a letter to the BB governor on May 12 and posted the letter to his Facebook account recently
Bangladesh Bank has instructed banks to bar fund transfers by Nagad while keeping the mobile financial services available to customers.
The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.
Govt asks postal department to take responsibility of the MFS provider
The Bangladesh Bank has raised transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad ahead of Eid-ul-Fitr, a time when money flow in the economy typically increases.
Nagad’s administrator was attacked by miscreants yesterday, moments after an Anti-Corruption Commission team raided the digital financial services provider’s headquarters and left with preliminary evidence of corruption and money laundering amounting to Tk 2,300 crore.
They vandalised his vehicle, injured the driver in Dhaka’s Banani
The users of mobile financial service provider Nagad today said they failed to get access to their Nagad account through the app.
The High Court yesterday questioned the legality of Nagad’s mobile banking functions.
The Bangladesh Postal Department has received about Tk 4.5 as revenue from Nagad’s earnings in fiscal year 2021-22.
The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.
People can now transfer money to their Nagad accounts directly from their Meghna Bank accounts.
Nagad has come up with 30 per cent cashback or discount for purchase through the mobile financial service under a special campaign called “Utshob-er Khushi, Nagad-a Beshi” for the Eid-ul-Azha.
Bangladesh Bank today renewed the interim licence of Nagad for another three months.
