Executive body tenure of FBCCI extended by 90 days
Unb, Dhaka
The tenure of the present FBCCI executive committee has been extended by 90 days to December 12 this year to facilitate the holding of its election for the next two-year term (2007-09).The Ministry of Commerce issued a notification in this regard on Monday asking the executive committee to complete the election within the extended time. The tenure of the present executive committee is to expire on September 5. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) received the order yesterday. The apex trade body had sought the time extension to comply with the commerce ministry restriction debarring loan defaulters, tax defaulters, and convicts in criminal, corruption and moral turpitude cases from contesting the election. Earlier on July 10, the ministry suspended the FBCCI executive committee election for the 2007-09 term until further order. The FBCCI Election Board convened an emergency meeting immediately after receiving the order and conveyed the suspension order to all the affiliated member-bodies of the FBCCI. The suspension order was issued when the Election Board was receiving nomination papers for the election scheduled for August 16. The deadline for submission of nomination papers expired Thursday. The commerce ministry has the authority to extend the tenure of the existing executive committee or appoint an administrator until a new executive committee is installed through election, a senior FBCCI executive said.
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