• Friday, August 22, 2014

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Wealth

Show sources of income in 7 days, ACC asks Ruhal

Show sources of income in 7 days, ACC asks Ruhal

Anti-Corruption Commission has asked former Health Minister AFM Ruhal Haque to submit documents containing the sources of his wealth before it within seven days. The ACC came up with the order after interrogating Haque and his son Ziaul Haque at its Segunbagicha office in the capital, Pranab Bhattacharya, public relation officer of ACC told The Daily Star. A team of the ACC led by its Deputy Director Mirza Zahidul Islam quizzed Haque and his son for two and a half hours since 11:00am. The duo was summoned to the ACC today...

Global private wealth rises to $152tn

Global private wealth rises to $152tn

The amount of private wealth held by households globally surged more than 14% to $152 trillion (£90tn) last year, boosted mainly by rising stock markets. Asia-Pacific, excluding Japan, led the surge with a 31% jump to $37tn, a report by Boston Consulting Group says. The number of millionaire households also rose sharply. The report takes into...

'Ill' Mannan skips ACC grilling

Former state minister for housing and public works Abdul Mannan Khan yesterday did not show up before the Anti-Corruption Commission to face grilling over the allegation of amassing wealth illegally. "Mannan Khan has informed the commission that he feels ill today and will appear any day later he will be asked to," ACC Commissioner Mohammad Shahabuddin told reporters at his office yesterday. The commission was mulling over summoning him by the next week, he added. Mannan Khan's property value rose to over...

Family business source of wealth: Bodi

Family business source of wealth: Bodi

Awami League lawmaker Abdul Rahman Bodi, who faced ACC's three-hour interrogation for accumulating a huge amount of wealth during a short period, claimed today that family business was the sources of his wealth. Bodi, lawmaker from Cox's Bazar-4 constituency, revealed the information to reporters emerging from the Segunbagicha office of Anti-Corruption Commission (ACC). During a...

Power, wealth and corruption

ANCIENT Indian economist Kautilya wrote: “Just as it is impossible not to taste the honey or the poison that finds itself at the tip of the tongue, so it is impossible for a government servant not to eat up at least a bit of the king's revenue.” Our Finance Minister A.M.A. Muhith broke Kautilya's record in the 2013 intellectual Olympic by saying that political power and wealth go hand in hand. He asked us to look at world history...

TARIQUE'S ACQUITTAL IN MONEY LAUNDERING CASE

Ex-judge now living in Malaysia

Ex-judge now living in Malaysia

Former judge Motahar Hossain, who acquitted BNP Senior Vice-chairman Tarique Rahman in a money laundering case in November, is now living in Malaysia, Anti-Corruption Commission has learnt. Hossain, while serving as a judge of Special Judges' Court-3, acquitted Tarique, also elder son of BNP Chairperson Khaleda Zia, in a money laundering case involving Tk 20.41 crore. The judge left country 53 days after delivering the judgement in the money laundering case, ACC officials told journalists today. The information came to light while an ACC team launched preliminary investigation against the "discrepancies" in the wealth statement of the judge who retired 43 days after delivering the judgement. The ACC team came to know about...

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