Posts Tagged ‘ Sonali Bank ’

The cost of public corruption

October 18, 2012
Muhammad Q. Islam
The cost of public corruption

Tk 3600 crore embezzled from Sonali Bank! At Tk 80 per dollar, that’s a whopping $450,000,000.  Suranjit Sen Gupta and Tk 70 lakh?
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Posted in Corruption | 16 Comments »

The banking sector needs to diversify its business model

September 16, 2012
Nofel Wahid
The banking sector needs to diversify its business model

News of alleged corruption in nationalised commercial banks (NCBs) is of course all the rage now. And so it should be, a Tk 4000 crore swindle deserves every bit of column space it gets, despite the protestations of our finance minister.
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Posted in Economy | 10 Comments »

The year of the thieves, the moment of despair

September 11, 2012
Afsan Chowdhury
The year of the thieves, the moment of despair

My friend the journalist/Editor, who is very well known for his many exploits, probably had it right when he said that, “corruption doesn’t matter in Bangladesh. As long as things can be done, it will be acceptable.
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Posted in Corruption | 24 Comments »

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