Entrepreneurs targeted by resentment
Entrepreneurs targeted by resentment

The Bangladesh Bank or the Financial Intelligence Unit (BFIU) cannot appoint a receiver to any business entity on its own. If a receiver needs to be appointed, it requires a lengthy process. However, in recent days, several media outlets have reported that receivers have been appointed to 10...

Shakib’s bank accounts seized
Shakib’s bank accounts seized

The Bangladesh Financial Intelligence Unit (BFIU) has seized all bank accounts of former captain of the Bangladesh cricket team and former lawmaker Shakib Al Hasan. Bangladesh Bank spokesperson Husne Ara Shikha confirmed this information to the media on Wednesday saying All bank accounts of...

Misinformation, media trials cripple businesses
Misinformation, media trials cripple businesses

Businessmen continue to face numerous challenges, exacerbated by media outlets that spread false information about various businesses and financial institutions. Critics argue that these unfounded rumors and fabricated statements constitute a form of media trial. The medias intense scrutiny of...

BFIU freezes bank accounts of Momtaz, Menon
BFIU freezes bank accounts of Momtaz, Menon

The Bangladesh Financial Intelligence Unit (BFIU) has directed banks to freeze all accounts of former lawmakers Momtaz Begum, also a folk singer, and Rashed Khan Menon, president of the Workers Party of Bangladesh. Confirming the matter, an official of the BFIU said on Monday that banks were...