Archive for August 7th, 2007
Tuesday, August 7th, 2007A Bangladesh Bank (BB) investigation found gross irregularities and forgeries in purchasing shares of IFIC bank by former lawmaker and BNP leader Mosaddak Ali Falu and his associates.The central bank investigation report revealed that Falu and his associates illegally purchased the shares in the name of a Malaysia based company violating both the Foreign Exchange Regulation Act and the Money Laundering Prevention Act.Sources in the central bank said they are considering forfeiture of the shares illegally purchased by Falu and others.According to the Bank Company Act, any individual, company or members of a family cannot hold over 10 percent shares ...
(read more) Tuesday, August 7th, 2007More areas of the eastern part of the capital are going under water, as all rivers around it, including the Buriganga, are now flowing above danger levels, according to Flood Forecasting and Warning Centre (FFWC).The flood situation continued to improve in the northern and north-eastern districts with the water receding. However, the sufferings of the affected continue, as many of them are getting infected with water-borne diseases and are in short of food and drinking water.Flooding caused death to 26 people in the last 24 hours ending at 11:00am, raising the death toll to 156. The government, so far, opened ...
(read more) Tuesday, August 7th, 2007The Appellate Division will hear the Bangabandhu murder case today after six years against the High Court verdict sentencing 12 former army personnel to death.Four petitions seeking permission to file appeals have been pending due to a shortage of judges in the Appellate Division of the Supreme Court (SC) since August 2001.Another condemned in the case, also filed an appeal through the jail authorities on June 24, 2007 following his extradition from the US.In almost six years, a three-member bench could not be formed as five of the seven Appellate Division judges either had reservations regarding the case or had ...
(read more) Tuesday, August 7th, 2007Former prime minister and BNP Chairperson Khaleda Zia in her wealth statement submitted to the Anti-Corruption Commission (ACC) yesterday mentioned that she has properties worth Tk 3.54 crore. The former premier also mentioned in the statement that the properties were accumulated through seven sources of income while all the taxes on her money and properties were paid.A group of lawyers representing Khaleda submitted the 11-page statement to ACC Secretary Mukhlesur Rahman at the ACC office at 4:15pm yesterday.The lawyers later gave excerpts of the statement to the newsmen. The sources of Khaleda's income include donation by the government, ...
(read more) Tuesday, August 7th, 2007The High Court (HC) yesterday declared illegal a decision of the Chittagong University (CU) regarding cancellation of the LLB certificate of Justice Faisal Mahmud Faizee for tampering with his examination results.The HC verdict came following a long hearing on three writ petitions filed by Faizee and two others challenging the legality of the CU action against them.The court also directed the university authorities to pay Tk 20,000 to each of the three petitioners as their expenses to run the cases.The CU's decision to cancel the petitioners' LLB results without serving any notices is against natural justice, the court observed in ...
(read more) Tuesday, August 7th, 2007Chief Election Commissioner (CEC) ATM Shamsul Huda yesterday said the preparation for December 2008 parliament election has to be continued in line with the announced roadmap.The preparation will continue regardless of storm or flood or any other natural disasters, he said."The preparation for election cannot be delayed under any excuse," the CEC said apparently in a bid to dispel growing doubts over the completion of voter listing on time, as the Election Commission (EC) could not officially kick off the field level task for preparing a fresh voter list with photographs on schedule.Chief Adviser Fakhruddin Ahmed, who was scheduled ...
(read more) Tuesday, August 7th, 2007Only 83 percent of last fiscal year's revised Annual Development Plan (ADP) was implemented, which is the lowest rate in the last 13 years, according to planning ministry figures.Expressing his displeasure at the low implementation rate, Chief Adviser Dr Fakhruddin Ahmed yesterday told his cabinet that the current fiscal year's Tk 26,500 crore ADP will not be revised and asked all ministries and divisions to gear up for its full implementation.Planning ministry sources told The Daily Star that last year's political turmoil largely contributed to the low implementation rate.The planning ministry presented a report on last year's ADP at a ...
(read more) Tuesday, August 7th, 2007A Dhaka court yesterday framed charges against Harris Chowdhury, detained political secretary to former prime minister Khaleda Zia, in connection with a case filed for possessing huge local and foreign currencies at his residence.Proceedings of the arms case against detained former state minister for home Lutfozzaman Babar was adjourned while the hearing on charge framing against detained ntv managing director (MD) Enayetur Rahman Bappi and two others will be held on August 9.Judge Sayed Jahed Mansur of the Metropolitan Special Tribunal-9 framed charges against Harris and fixed August 9 for beginning trial of the case.Sub-Inspector (SI) Babul Hossain ...
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