The National Board of Revenue has alleged that two entities under Summit Group failed to deduct taxes at source on dividend payments, resulting in about Tk 1,112 crore in unpaid taxes.
Summit Group has said that they didn't breach any conditions precedent (CPs) of the agreement signed with Petrobangla to build its second Floating Storage and Regasification Unit (FSRU) project and urged the government to reverse the decision of termination of the agreement
Summit terms termination of the deal ‘unjustified’, says will appeal for review
Bangladesh's Summit Group plans to renegotiate preliminary deals to import renewable power from India after a recent rule change by New Delhi allowed generators that exclusively export their electricity to sell locally, the utility's chairman said
He joined Summit Group in 2007
Jafer Ummeed Khan is new chairman of Summit Oil and Latif Khan is new chairman of Summit Power
Bangladesh's Summit Group set to supply 1.5 million tons of LNG per year to Petrobangla for 15 years, starting from Oct 2026
Summit Group says it is in the last stage of discussions with the government to provide supplies of liquefied natural gas (LNG).
The government has given the nod, in principle, to conduct a detailed feasibility study for establishing the first offshore wind energy plant in Bangladesh.
The national energy crisis is a direct result of the corruption and nepotism encouraged by the indemnity law.
Bangladesh's entrepreneur Muhammed Aziz Khan, chairman of Summit Group, was named as the 34th richest man in Singapore in the Forbes' list for 2018.
Bangladesh’s entrepreneur Muhammed Aziz Khan, chairman of Summit Group, is named as the 34th richest man in Singapore, reports Forbes.
