Bangladesh Bank has instructed banks to bar fund transfers by Nagad while keeping the mobile financial services available to customers.
The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.
Govt asks postal department to take responsibility of the MFS provider
The Bangladesh Bank has raised transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad ahead of Eid-ul-Fitr, a time when money flow in the economy typically increases.
Nagad’s administrator was attacked by miscreants yesterday, moments after an Anti-Corruption Commission team raided the digital financial services provider’s headquarters and left with preliminary evidence of corruption and money laundering amounting to Tk 2,300 crore.
They vandalised his vehicle, injured the driver in Dhaka’s Banani
Bangladesh Bank (BB) has filed a case against mobile financial service (MFS) provider Nagad, alleging fraud, embezzlement, and financial irregularities amounting to Tk 645 crore.
The central bank's payment system department filed the case with Motijheel Police Station
The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.
Bangladesh Bank has instructed banks to bar fund transfers by Nagad while keeping the mobile financial services available to customers.
The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.
Govt asks postal department to take responsibility of the MFS provider
The Bangladesh Bank has raised transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad ahead of Eid-ul-Fitr, a time when money flow in the economy typically increases.
Nagad’s administrator was attacked by miscreants yesterday, moments after an Anti-Corruption Commission team raided the digital financial services provider’s headquarters and left with preliminary evidence of corruption and money laundering amounting to Tk 2,300 crore.
They vandalised his vehicle, injured the driver in Dhaka’s Banani
Bangladesh Bank (BB) has filed a case against mobile financial service (MFS) provider Nagad, alleging fraud, embezzlement, and financial irregularities amounting to Tk 645 crore.
The central bank's payment system department filed the case with Motijheel Police Station
The Bangladesh Bank can now take legal action against mobile financial service (MFS) provider Nagad Limited over alleged irregularities as the Payment and Settlement System Act, 2024 came into effect yesterday.
The Bangladesh Bank is waiting for the interim government to bring a Payment and Settlement System Act, 2024 into effect, as it intends to take legal action against mobile financial service (MFS) provider Nagad Ltd over alleged irregularities.
