Exploits of former BCIC employee shows how widespread corruption is in Bangladesh
Eight officials of Standard Asiatic Oil (SAOCL), a subsidiary of the Bangladesh Petroleum Corporation, have embezzled Tk 21.64 crore by showing advance cost and fake bill vouchers, found investigations by the Directorate of Power and Energy Audit and BPC.
An unholy nexus of powerful people are protecting those who've stolen thousands of crores.
The High Court yesterday expressed disappointment at the embezzlement of large amounts of money from the state-run Basic Bank and the Anti-Corruption Commission’s failure to press charges in any of the 56 cases filed over the bank’s loan scams in the last seven years.
Authorities must address the grim findings of TIB survey on corruption.
The High Court today (June 14, 2022) blasted the Anti-Corruption Commission (ACC) and police administration for their failure to arrest all the 15 accused of a case filed for embezzlement of Tk 176 crore from AB Bank.
Alarm bells were raised when PK Halder and his associates laundered around Tk 174 crore from a financial institution in 2016 by setting up companies that existed only on paper.
Soon after his arrest in West Bengal on May 14, the question that started spinning around was when Prashanta Kumar Halder, better known as PK Halder, would be brought back to Bangladesh.
The Anti-Corruption Commission (ACC) has filed a case against six people, including five members of North South University’s board of trustees, and the managing director of a development company.