Archive for July 10th, 2009
Friday, July 10th, 2009The company was in the red for at least three consecutive years. It did not give dividend even for once in the period. It was far from being a hotcake company on the bourses. And because of its lacklustre performance, it was bracketed in the Z category at Dhaka Stock Exchange.Z category is the group where all under-performing errant companies are placed, so that investors may easily understand that those have very weak fundamentals, and are risky to bet on.Yet a curious thing happened to the company. Suddenly one fine day, two private banks thought the company was a kind ...
(read more) Friday, July 10th, 2009A parliamentary body investigating irregularities during the tenure of former speaker Jamiruddin Sircar asked the House yesterday to strip Sircar of his MP status and recover around Tk 2.50 crore he, his deputy and the then chief whip took illegally as medical bills, additional fuel allowances and other facilities.The all-party probe body yesterday submitted its report, the first of its kind in the history of the country's parliament, and recommended taking legal actions against Sircar, the then deputy speaker Akhtar Hamid Siddiqui and the then chief whip Khandaker Delwar Hossain.The report says the three undermined the dignity of the House, ...
(read more) Friday, July 10th, 2009Bangladesh yesterday conveyed its concerns to India over the Tipaimukh power project while New Delhi assured Dhaka that nothing would be done to harm the interests of Bangladesh.The assurance was given to Foreign Minister Dipu Moni by Indian External Affairs Minister SM Krishna during a meeting at the South Block here in the afternoon, diplomatic sources said.Dipu Moni raised the issue of Tipaimukh in the wake of growing concerns in Bangladesh over the possible impact of the project, which is proposed to come up in North Eastern Indian state of Manipur, on availability of water of Barak river to the ...
(read more) Friday, July 10th, 2009The House passed a bill unanimously yesterday incorporating a number of new provisions into the International Crimes (Tribunal) Act, 1973 to try any individual or group of individuals on charge of war crimes in 1971.Legal experts say with inclusion of the new provision, trial of a political party that worked against the liberation of Bangladesh could also be held on the same charge.As the bill is passed, the trial of war criminals may begin in a month, according to Law Minister Shafique Ahmed.There are provisions for trying members of the armed forces and their auxiliary forces under the 1973 Act.Another ...
(read more) Friday, July 10th, 2009Prime Minister Sheikh Hasina yesterday came down heavily on Transparency International Bangladesh (TIB) for its recent report saying that it was ill motivated and a machination to undermine the parliament.“Conspiracy is going on against the parliament. TIB's report is very much biased and ill-motivated,” Hasina, also leader of the House, said at the windup of the second session of the ninth parliament.Hasina, also Awami League chief, called upon the opposition to return to parliament and make it effective in the greater interest of the nation and democracy so that any unconstitutional clique cannot usurp the state power.TIB in its report ...
(read more) Friday, July 10th, 2009Around 10 canals of the city have either been filled up entirely or turned into box culverts to construct roads, aggravating the water logging problems.Roads were constructed in Rayerbazar, Rajabazar, Gopibagh and Shyampur Kadamtala filling up canals and constructing storm water and sewerage lines.Segunbagicha canal, Dholai Khal-1, Dholai Khal-2, Debdholai Khal and Paribagh canal have been narrowed down for building box culverts. These covered water passages remain clogged due to lack of maintenance.Part of the Dholpur canal was filled up for constructing road while the rest was turned into a box culvert. A portion of Hajaribagh canal was filled up ...
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