China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation
China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation

China High Speed Transmission Equipment Group announced on Tuesday, that its wholly-owned subsidiaries have initiated legal proceedings in the High Court of Hong Kong, seeking to recover approximately USD 929.6 million (RMB 6.64 billion) in misappropriated funds. The lawsuit, filed on March 31,...

Coast Guard rescues 300 passengers from stuck bulkhead
Coast Guard rescues 300 passengers from stuck bulkhead

The Bangladesh Coast Guard successfully rescued 300 passengers from a bulkhead trapped underwater near Elisha in Bhola. The incident occurred on Saturday night when the passenger bulkhead, MB Zakaria Jihad-1, became stuck near Dubo Char Laxmipur, close to Elisha Launch Ghat in Bhola Sadar Upazila....