close
close
Sun. Jul 14th, 2024

The Anti-Corruption Commission has summoned former IGP Benazir Ahmed

By Vaseline May31,2024

The Anti-Corruption Commission has summoned former IGP Benazir Ahmed to appear before it on June 6 on corruption charges. It also asked Benazir’s wife Jissan Mirza and two of their daughters to appear in court on June 9. It came after the Bangladesh Securities and Exchange Commission (BSEC) froze the accounts of the beneficial owners (BO) of Benazir, his wife and two daughters. .

On April 18, the graft watchdog decided to investigate allegations of illicit wealth amassing by the former Inspector General of Police after a Bangla daily reported it. It also formed a three-member committee to investigate the allegations. A court in Dhaka on May 23 ordered the authorities concerned to confiscate the properties mentioned in 83 deeds (and later 119 more) of Benazir and his family members, and freeze their 33 bank accounts. Three days later, the same court also ordered them to seize eight wholly owned properties of the family and fifteen properties that were partially owned by the family.

Total foreign investment, including debt and equity in the country’s capital market stood at $2,080.00 million at the end of December 2023, down 42.2 percent from that of $3,600.74 million at the end of December 2021. Of the total foreign equity investments at the end of December 2023, US-based investors accounted for $497.48 million of investments in Bangladesh’s stock market – a 52.75% decline from their total equity investments at the end of December 2021.

UK-based investors held the second position in foreign investment in Bangladesh’s capital market during this time frame, with $140.36 million in equity investments. DSEX, the main index of the Dhaka Stock Exchange, lost 510 points to close at 6,246.49 points at the end of 2023, compared to that of 6,756.65 points at the end of 2021.

The Dhaka Water Supply and Sewerage Authority (Wasa) has decided to increase water prices by 10 percent from July 1. Every 1,000 liters of water now costs Tk 16.7 for residential consumers, up from Tk 15.18, and Tk 46.2 for commercial consumers, up from Tk 42, according to a notification from Wasa this week. “The respected customers of Dhaka Wasa are hereby informed that the prices have been adjusted due to inflation as per section 22 of the Wasa Act 1996,” the report said.

“This decision will also apply to unmetered establishments, deep tube wells, buildings under construction and all types of water and sewerage charges, including minimum bills. The notice is published in accordance with section 23 of the Wasa Act 1996.” In July 2022, Wasa increased the water price by 5 percent. Wasa previously increased prices by 5 percent for three consecutive years starting in 2017. In 2020, prices for private consumers were increased by 25 percent after government approval.

Chittagong University has issued notices to 23 students, who are also leaders of the varsity Chhatra League unit, for their alleged involvement in handling local weapons and taking part in clashes to capture polling stations during the Upazila Parishad elections in Hathazari. The 23 students were identified after reviewing CCTV footage and other evidence, confirmed Rifat Rahman, assistant proctor at the university and deputy secretary of the investigation committee.

“Necessary steps will be taken based on the decision of the disciplinary committee after they respond,” Rahman said, adding: “Two incidents have occurred. The first took place in front of the Laboratory School and the second in front of the Abdur Rab Hall. this time some students defied our bans and showed local weapons. A division within the CU unit is said to have played out in the form of support for two different candidates in the second phase of the UZ elections on May 21 in Hathazari.

Related Post