The concentration of political power in a narrow group of the elite become more than a governance issue. It has raised concern about financial integrity, accountability and democratic resilience. The issue today is how unchecked political domination erodes transparency, weakens institutions and facilitates widespread corruption, effectively transforming political control...
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 shocking extent of financial crimes of the S Alam Group is evident in the recent disclosure of the amount of loans that the group has taken out from 10 banks and a non-bank financial institution. The Financial Intelligence Unit reveals that the group had taken a staggering Tk 2.25 lakh crore, or $16.6 billion, from these institutions. About 44 per cent, or...