Sonali Bank mulls differently

Tk 3,606cr Recovery
Sonali Bank mulls differently
Wary of legal implications for forged papers used in Hall-Mark loan
The Sonali Bank is looking for ways to get back around Tk 3,600 crore it lent to Hall-Mark and five other companies on false documents as the repayment has become uncertain.
The state-run bank now wants the six companies to sign stamps admitting the liabilities.
“The repayment largely depends on the willingness of the borrowers. Dishonest

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Tanvir on 29-day remand

Arms case filed against the Hall-Mark boss
Tanvir Mahmud, managing director of Hall-Mark Group of Industries, and Tushar Ahmed, general manager of the company, were each placed on a 24-day remand in three cases over the Sonali Bank loan scam yesterday. The Hall-Mark MD was also placed on an additional five days’ remand in an arms case.
The Metropolitan Magistrate’s Court of Dhaka passed the orders upon petitions by

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Metro rail project to get underway

Ministry expects no further delay, hopes to finish by 2019
The metro rail project has finally gathered momentum after nearly three-year delay over change of route with the government deciding to appoint a consultant to prepare a detailed design of the metro rail from Uttara third phase to Motijheel.
Several international companies that have been short-listed for the job now await the

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Robi opens new unit to run towers efficiently

Mobile operator Robi Axiata has set up a new concern to provide support to its back-up equipment as part of its efforts to improve the overall quality of its service, an official said yesterday.
“We have more than 8,392 base transceiver stations across the country. It is not possible to maintain them without any dedicated division,” said Mohiuddin Babar, Robi’s

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Tourism fair begins Thursday

The government needs to act fast to ensure rapid growth in domestic tourism with better services and road communication, said an association of the tour operators yesterday.
“The number of domestic tourists is increasing at 10 percent a year. Now the government should provide them with better accommodation, security,

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Hall-Mark MD arrested after daylong drive

Sonali Loan Scam
Hall-Mark MD arrested after daylong drive
Tanvir Mahmud, managing director of Hall-Mark Group, and another top official of the controversial firm, were nabbed by the Rapid Action Battalion last night in the
capital’s Pallabi in connection with the Sonali Bank loan scam.
The other official is Tushar Ahmed, general manager (commercial), also husband of

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Heritage, treasures all burnt

Sectarian violence at Ramu
Heritage, treasures all burnt
Buddha relics, several hundred statues of the Buddha, hundreds of ancient manuscripts and religious scriptures, mostly dating back to the 11th to the 12th century and
about 5,000 copies of the Tripitaka in different languages were either burnt or looted during sectarian attack by the Muslims on the Buddhists at

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Unregistered SIMS banned from Friday

Mobile operators will not be able to sell pre-activated connections from Friday as the telecom regulator introduced a raft of measures to tighten the registration process to fight crimes committed using cellphones.
Bangladesh Telecommunication Regulatory Commission (BTRC) said mobile operators would have to stop purchase and sales of all kinds of pre-activated SIM (subscriber identity module) and

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13 killed in road accidents

Thirteen people were killed and 31 others injured in road accidents in Munshiganj, Manikganj, Comilla, Chittagong, Naogaon and Rangpur on Saturday and yesterday.
Our Munshiganj correspondent reports, four people were killed and eight others injured as a bus hit a pickup from the opposite direction in

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Increase JS women’s reserved seats

Says Mahila Parishad
Bangladesh Mahila Parishad placed a 13-point recommendation, including raising the number of reserved seats for women in parliament to 100 and holding direct elections to those seats.
The parishad placed the suggestions at a meeting in the capital’s Cirdap auditorium yesterday.
Pointing out the attack on the Buddhists, Maleka Banu, general secretary of the Parishad,

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Yaba tablets seized, 4 arrested

Detective Branch of police arrested four young drug traders with 7,000 pieces of Yaba tablets worth Tk 24.50 lakh from the capital’s Khilgaon on Thursday.
Police also seized Tk 3.5 lakh, five mobile phones and a microbus from their possession.
They are Md Aminul Islam alias Amin, Md Ayez, Md Ilias, and Noor Mohammad,

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35 get certificates on TV news presentation training

Participants of training course on “TV News Presentation” were awarded certificates at a function at Bangladesh Institute of Journalism and Electronic Media (BIJEM) in the capital on Saturday.
Maasranga Television Chief Executive Officer and Chief Editor Syed Fahim Munaim as chief guest distributed certificates among the

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