Economy
HC ordered 17 former and incumbent Biman officers to surrender in Tk 1.1k crore fraud case
The High Court (HC) on Wednesday (8 February) ordered 17 former and incumbent officials of Biman Bangladesh Airlines to surrender before it within the next 3 weeks in a case over embezzlement of around Tk 1100 crore in the name of taking two Egyptian aircraft on lease.
An HC bench of Justice Mustafa Zaman Islam and Justice Md Aminul Islam passed the order after hearing an interim bail petition.
Advocate Khurshid Alam Khan stood for Anti-Corruption Commission (ACC) in the court while counsel ARM Hasanuzzaman represented the accused.
The accused are Biman Flight Operations Director Captain Ishrat Ahmed, Deputy Engineer Md Shafiqul Alam Siddique, Director General Md Abdur Rahman Fukoy, former chief Engineers Shaheed Uddin Mohammad Hanifi and Devesh Chowdhury, Engineer Md Sadekur Rahman and DGM Kamal Uddin Ahmed, among others.
All the 17 accused appeared before the court with bail petitions while they were asked to surrender before it after rejecting the bail prayer. ACC Deputy Director Jesmin Akter filed the case accusing the former and incumbent officers of corruption on February 6 this year.
According to the case statement, the accused in collaboration with each other misappropriated Tk 1000.61 crore in the name of taking two Egyptian aircraft on lease through misuse of their power.
Engines of two Boeing-777 and-200 aircraft of ER model went out of order one year after those were brought for five years on lease in 2014.
Another engine from Egypt was also flown to operate the previous engines but it also went out of order around one and a half years of its arrival.
The government had to incur a Tk 1100 crore loss over five years.
Economy
Remittances Top $2bn in First 28 Days of September
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Economy
Yunus Pledges Swift Reforms and Election in Bangladesh’s Interim Govt
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Economy
Polythene Bags to Be Phased Out, Says Environment Adviser Rizwana Hasan
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.