Ex-Padma Bank chairman faces ACC probe
The Anti-Corruption Commission in Bangladesh has launched an investigation into ex-banker Chowdhury Nafeez Sarafat for allegedly embezzling Tk 800 crore from Padma Bank (formerly Farmers […]
Category: CORRUPTION
Tk 45,000cr stuck in shady loans
Eight private banks in Bangladesh engaged in risky reciprocal lending practices, with directors borrowing heavily from each other’s banks. The total loans amounted to Tk […]
How S Alam and Salman F Rahman stole 82,000C in last 15 years
Two prominent businessmen, Salman F Rahman and Saiful Alam Masud, allegedly looted about Tk82,000 crore from various banks during the ousted government’s tenure. Rahman, now […]
Salman used clout to help businesses secure loans
Salman F Rahman, former adviser to Sheikh Hasina, allegedly used his influence to secure bank loans for various companies, including Globe Janakantha Shilpa Paribar (GJSP). […]