Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1072 Thu. June 07, 2007  
   
Business


FBCCI decides to change polls rules


The executive board of the country's apex trade body yesterday decided in principle to change rules relating to participation in its biennial election.

At a meeting, presided over by Mir Nasir Hossain, president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the board decided that the issue will be raised in an extra-general meeting (EGM) for approval.

The EGM will be held on June 28, FBCCI sources said.

Earlier on Monday, the commerce ministry in a letter to the FBCCI said loan defaulters, tax evaders and persons convicted of crimes, corruption and moral turpitude will not be eligible to contest the FBCCI election within five years of their convictions.

The commerce ministry also asked the federation to change rules relating to participation in its biennial election within 15 days as per the Trade Organisation Ordinance, 1961.