money laundering
Cash transactions creep up despite digital push
Cash transactions in Bangladesh have continued to creep up in spite of significant developments in digital payment methods and digital financial services over the last decade, as per the latest annual report of Bangladesh Financial Intelligence Unit (BFIU).
S Alam's offshore wealth / SC voids HC suo moto rule
The Appellate Division of the Supreme Court today discharged the High Court Division’s suo moto rule that had ordered an investigation into S Alam Group’s wealth abroad
Development strategies: What worked before will not in the future
Bangladesh must embrace change for a sustainable development
Will easy-money scams continue to haunt us?
Online vigilance a must to protect citizens plagued by poverty and desperation
Time to be tough on scam-hit NBFIs
Authorities must improve monitoring to keep the sector in check
Rising inequality will be our doom
BBS survey reveals alarming picture of wealth concentration by the rich
International Anti-Corruption Day / Corruption, zero-sum politics and democratic decline
Governments that score low in corruption indexes are more prone to use force and violence to control and suppress dissensions and protests.
Is there a way to build a corruption-free society?
The precondition for building a corruption-free state is building a corruption-free society.
Who buys property abroad, and who pays for it?
These cases of illegal property purchase abroad are not the main acts of corruption – these are the symptoms.
S Alam seeks to become party to HC order
S Alam Group on Monday submitted two petitions, one seeking to be made a party to a probe ordered by the High Court, and the other seeking a retraction of the probe and a gag order on media
S Alam’s ‘Assets Abroad’: HC declines to recall its probe order
The High Court yesterday declined to entertain a verbal appeal for recalling its August 6 order that had asked government authorities to probe the allegations that S Alam Group owner Mohammed Saiful Alam is running offshore businesses without Bangladesh Bank’s permission.
S Alam’s ‘properties abroad’: HC declines to recall its probe order
The HC order came after The Daily Star published an investigative report on August 4 on S Alam's business empire worth at least about $1 billion in Singapore
S Alam serves legal notice on govt, four newspapers
A legal notice was served on the government, four editors of national newspapers, including The Daily Star, and seven journalists of the dailies on Thursday for reports the dailies published on Mohammad Saiful Alam and S Alam Group.
S Alam Group’s rejoinder, our reply
Below is the full unedited text of the rejoinder, dated August 7, 2023, along with our response
HC orders probe into S Alam’s ‘properties abroad’
The High Court yesterday directed the authorities to investigate the allegations against the S Alam Group owner of owning businesses abroad without Bangladesh Bank’s permission.
HC orders probe into S Alam's 'properties abroad'
Move comes following report published on The Daily Star under the headline 'S Alam's Aladdin's Lamp'
S Alam's Aladdin's lamp
No official record of a single taka taken out of country, yet he and his wife obtain citizenship of Cyprus through investment, go on property-buying spree in Singapore
New US visa policy to curb money laundering: Momen
"There is nothing to worry about the new visa policy," he said
Trade-based money laundering trimmed: Association of Bankers
The awareness regarding trade-based money laundering was low four years ago, but over- and under-invoicing of values have reduced as prices are monitored, said ABB Chairman Selim RF Hussain.
