The Bangladesh Securities and Exchange Commission has imposed lifetime bans on Salman F Rahman, former IFIC Bank PLC chairman and Beximco Group vice-chairman, former BSEC chairman Shibli Rubayat-Ul-Islam, and Salman's son Ahmed Shayan Fazlur Rahman, former IFIC Bank vice-chairman, from participating in the country鈥檚 capital market.
The High Court on Wednesday directed the Bangladesh Bank and other relevant authorities to take legal action against individuals and institutions responsible for approving Tk聽53,000 crore in questionable loans to Beximco Group...
The Appellate Division of the Supreme Court on Tuesday stayed a High Court order that had halted the Bangladesh Securities and Exchange Commission鈥檚 directive to appoint 11 independent directors to three financially troubled companies of the Beximco Group, where detained businessman Salman F Rahman is a shareholder...
The government will complete the payment of arrear wages and allowances to more than 27,000 laid-off workers of different industrial units of the Beximco Group this month...
The High Court on Tuesday removed the state-appointed receiver from Teesta Solar Limited, a 200MW solar power plant operated by Beximco Group and the largest solar-based power station in...
Labour adviser M Sakhawat Hussain on Thursday said that the reopening of the closed factories of Beximco Group is no longer possible, as the factories have a massive default loans...
THE true extent of financial crimes and malpractice of the Beximco Group, controlled by the ousted prime minister Sheikh Hasina鈥檚 private industry and investment adviser Salman F Rahman, appear to have not been uncovered yet. Fresh investigations after the fall of the Awami League government in August 2024 in a mass uprising have showed some of the...
The Criminal Investigation Department has confiscated assets worth Tk聽250 crore belonging to Beximco Group vice-chairman Salman F Rahman and his family members in connection with a money laundering case.
Beximco Group, controlled by the ousted prime minister Sheikh Hasina鈥檚 adviser Salman F Rahman, has allegedly withdrawn about Tk聽50,000 crore from different banks and non-bank financial institutions, using political clout and circumventing banking norms...
Several thousand workers of Beximco Group factories held a mass rally on Tuesday demanding reopening of all the factories located inside the Beximco Industrial Park in Gazipur....
Bangladesh Export Import Company Limited, commonly known as Beximco Limited, and GMG Airlines Limited, both entities of Beximco Group, have defaulted on loans amounting to Tk聽1,544 crore with Sonali Bank PLC...
The Bangladesh Securities and Exchange Commission appointed independent directors for three companies owned by the Beximco Group and listed on the capital market...
The interim government has continued to provide crisis-hit commercial banks and large business groups with emergency loan assistances with the offering of Tk 180 crore to the Beximco Group in the past week, said officials...
The Credit Information Bureau reported that as of November 30, 2024, the total outstanding loans and liabilities of Beximco Group companies amounted to Tk聽50,098.3 crore, the Bangladesh Bank said in an...
A high-powered government committee has recommended the selling of Beximco Group鈥檚 16 readymade garment companies to pay the workers鈥� dues.聽
The Bangladesh Bank on Sunday decided to appoint receiver at Beximco Group to manage affairs of the group of companies.
The Beximco Group has sought support from the government to maintain its export-oriented garment and textile operations...
The Criminal Investigation Department of police on Wednesday filed 17 cases against 28 people including Beximco Group founder and vice-chairman Salman F Rahman on charges of laundering around Tk 1,000 crore abroad under the guise of export trade...
Ongoing labour unrest in the readymade garment sector led to the shutdown of 114 factories in Ashulia and Gazipur industrial areas on Wednesday, while agitating workers set fire to a factory in Kashimpur following a clash between two groups of workers...
The High Court on Thursday issued a ruling asking government authorities to explain in four weeks why they should not appoint a receiver to manage the affairs of Beximco Group.
