The Anti-Corruption Commission (ACC) has filed two cases against S Alam Group Chairman Saiful Alam, widely known as S Alam, over allegations of embezzling more than Tk 15 billion from Islami Bank. The cases were lodged on Thursday at ACC’s Integrated District Office-1 in Chattogram, ACC Deputy Director Subel Ahmed confirmed. A total of 40 individuals have been named as accused across the two cases, including Alam’s relatives, officials of S Alam Group, and Islami Bank employees. The first case centres on loans worth over Tk 10 billion sanctioned in the name of Adil Corporation, allegedly controlled by Alam’s nephew Mohammad Mostan Billah Adil. Adil opened an account at Islami Bank’s Khatunganj branch on 6 September 2017. The next day,...
The Anti-Corruption Commission (ACC) has brought charges against former managing director of Islami Bank Muhammad Munirul Mowla, along with three others, for allegedly misappropriating Tk...
KHULNA, Aug 28, 2025 (BSS) - The Anti-Corruption Commission (ACC) has filed a case against two staffs of South Bangla Agriculture and Commerce (SBAC) Bank...
SEOUL, Aug 28, 2025 (BSS/AFP) - South Korea kept interest rates unchanged Thursday while nudging its growth forecast slightly up, as the country faces high...
BRASILIA, Aug 29, 2025 (BSS/AFP) - Brazil is considering retaliatory trade measures against the United States, including tariffs, after President Donald Trump imposed 50-percent levies...
NEW YORK, Aug 29, 2025 (BSS/AFP) - Industrial giant Caterpillar announced Thursday it was revising its estimate for the economic impact caused by new tariffs...
DHAKA, Aug 28, 2025 (BSS) - Inflow of remittances witnessed a year-on-year growth of 5.9 percent (pc), reaching $2,087 million in the first 27 days...
DAHKA, Aug 28, 2025 (BSS) – A delegation of the Nepal Foreign Trade Association (NFTA), led by its President Shiv Kumar Agarwal and Secretary General...
DHAKA, Aug 28, 2025 (BSS) - Chief Economist of the Bangladesh Bank Dr Akhtar Hossain today said that a rule-based monetary policy must be formulated...
DHAKA, Aug 28, 2025 (BSS) – Bangladesh’s foreign debt repayment reached $446.68 million in the first month (July) of the current fiscal year (FY26). According...
DHAKA, Aug 28, 2025 (BSS) - The Anti-Corruption Commission (ACC) today filed a case against former road transport and bridges minister Obaidul Quader and three...
NARAYANGANJ, Aug 28, 2025 (BSS) - Narayanganj City Corporation (NCC) today announced a budget of Taka 775 crore 33 lakh 78 thousand and 158 for...
DHAKA, Aug 28, 2025 (BSS) - Senxin BD Co. Ltd., a Chinese company, will invest $10.81 million to set up a manufacturing unit for various...