Financial-irregularities

The Bangladesh Securities and Exchange Commission (BSEC), the regulatory body of the country's bourses, has formed an inquiry committee to investigate various allegations on financial irregularities, corporate governance lapses, irregularities in appointments, and share-trading-related issues against the top officials of the country's premier stock exchange, the Dhaka Stock Exchange (DSE).This information was conveyed in an order issued on Monday (August 10) by the BSEC's Inspection, Enquiry and...

Five government vehicles worth nearly Tk 20 million belonging to Madhabdi Municipality in Narsingdi had gone missing. The vehicles included four dump trucks and the municipality’s only ambulance used for transporting emergency patients. Although a district administration drive recovered two dump trucks and one payloader, two trucks and the ambulance remain untraced. Allegations have emerged that several people, including municipal driver Kamal Hossain, were involved in the incident. He is...