LR Global asked to withdraw "illegitimate" investments from bdnews24.com
The securities regulator has asked LR Global Bangladesh Asset Management Company to withdraw "illegitimate" investments worth Tk 490 million from online media platform bdnews24.com, made by diverting cash from six mutual funds. The asset manager has 30 days to comply with the order issued by the Bangladesh Securities and Exchange Commission (BSEC) on Wednesday. According to information provided by the BSEC, LR Global injected Tk 490 million in bdnews24.com through purchase of 39,200 shares at Tk 12,500 each, with a premium of Tk 12,400. "LR Global made the investment in illiquid shares of a weak company at an abnormal price with a bad intention," said BSEC spokesperson Md. The pooled funds are DBH First MF, Green Delta MF, AIBL 1st Islamic MF, LR Global Bangladesh AMC BD MF One, NCCBL MF-1, and MBL 1st MF.
Source:bd News24
July 17, 2025 04:02 UTC
2 brothers die,raising toll to 3
Two more members of a family of five burnt in an explosion sparked by a suspected gas leak at a house in Dhaka's Sutrapur have died, bringing the death toll from the incident to three.The victims were identified as Md Rokon, 12, and his elder brother Md Tamim, 16. They were both undergoing treatment at the National Institute of Burn and Plastic Surgery.Rokon died around 2:45am on Wednesday, with burns on 60 percent burn of his body and respiratory tract damage, according to Dr Shawon Bin Rahman, resident surgeon at the institute's emergency department. Meanwhile, Tamim succumbed to his wounds around 8:15am. He had suffered burns on 42 percent of his body, said Dr Shawon.Their sister Ayesha Akter, one-and-a-half-years old, passed away around 10:30pm on Tuesday.The blast occurred around 2am on Jul 11 at the family's house in the Kagojitola neighbourhood. �"bdnews24.com
Source:bd News24
July 17, 2025 00:24 UTC
4 bodies received at Gopalganj hospital after clashes over NCP rally
4 bodies received at Gopalganj hospital after clashes over NCP rallyAt least four people have reportedly been killed in Gopalganj as the town turned into a battleground during hours-long clashes surrounding a rally and march organised by the National Citizen Party (NCP). Jibitesh Biswas, superintendent of Gopalganj General Hospital, told bdnews24.com at 8pm on Wednesday: “We have received four bodies here.”The dead have been identified as Dipto Saha, 30, Rozman Kazi, 19, Sohel Rana, 35, and Emon, identified with a single name. Of those, 15 have been admitted to Gopalganj General Hospital, while three in serious condition have been transferred to Dhaka. Violence erupted on Wednesday morning before the party leaders could enter the city with their motorcade. After a short rally, the NCP leaders attempted to leave for Madaripur via Tekerhat under police escort.
Source:bd News24
July 16, 2025 21:15 UTC
NCP’s Nahid issues 24-hour ultimatum to government to detain Gopalganj attackers
Nahid Islam, the convener of the National Citizen Party (NCP), has issued a 24-hour ultimatum to the government to arrest those responsible for the attack on an NCP rally in Gopalganj. Speaking at a press conference at Khulna Press Club on Wednesday night, Nahid alleged that “Mujibists” carried out a militant-style attack on his party’s leaders and activists in Gopalganj with the intent to kill. He claimed that “fascists and Mujibists launched the attack with weapons” and even targeted the police during the violence. It is no longer a political party, and they have made that perfectly clear,” Nahid said. “We have long said that Gopalganj has become a sanctuary for 'fascists' across the country.
Source:bd News24
July 16, 2025 16:28 UTC
Thursday’s HSC exam deferred in Gopalganj after NCP rally turns violent
Education authorities have postponed Thursday’s Higher Secondary Certificate (HSC) exam on Geography II in Gopalganj following clashes linked to an attack on a National Citizen Party (NCP) rally, leading to a curfew. “This is why only the Geography exam has been postponed,” said SM Kamal Uddin Haider, the exam controller of the Dhaka board. The unrest began in the morning before the NCP leaders could enter Gopalganj with their motorcade. Around 1:30pm, Awami League and Chhatra League activists marched through the town shouting “Joy Bangla” and stormed the NCP rally stage at the municipal park. After a short rally, the NCP leaders attempted to leave for Madaripur via Tekerhat under police escort.
Source:bd News24
July 16, 2025 16:06 UTC
NCP convoy attacked after rally in Gopalganj
Leaders of the National Citizen Party (NCP) have come under fresh attack on their way out of Gopalganj following a rally amid simmering tensions surrounding the party's July march programme. The latest attack took place around 2:45pm on Wednesday near the Gopalganj Government College in the town's Launch Ghat area. The incident triggered panic in the area. Alongside police, Army personnel have been deployed to bring the situation under control. The NCP leaders were heading to Madaripur via Tekerhat after wrapping up their rally in Gopalganj when the attack forced them to scatter.
Source:bd News24
July 16, 2025 15:41 UTC
LR Global to be asked to take back investment in bdnews24.com: BSEC
It has to return the fund in 30 days or face a Tk 60 crore fine, the regulator saysThe stock market regulator has decided to order LR Global Bangladesh Asset Management Company to take back the investment it made in purchasing stakes in online portal bdnews24.com, breaching securities rules. The Bangladesh Securities and Exchange Commission (BSEC) will also fine the top officials of the asset management company if it fails to return the money within the stipulated time. For the equity purchase, investments from six mutual funds—DBH First Mutual Fund, Green Delta Mutual Fund, AIBL 1st Islamic Mutual Fund, LR Global Bangladesh Mutual Fund One, NCCBL MF-1, and MBL First Mutual Fund—managed by the asset manager were used, violating securities rules. A fine of Tk 1 crore will also be imposed on LR Global as a company. The asset management company harmed investors' interests through the investment in the news portal, the press release stated.
Source:bd News24
July 16, 2025 14:48 UTC
Anti-discrimination Movement calls ‘blockade’ after attack on NCP
The Anti-discrimination Student Movement has called a blockade programme throughout Bangladesh to protest the attack on the National Citizen Party’s activists in Gopalganj. A post on the organisation’s Facebook page on Wednesday declared that it would conduct a blockade at “all important points” across the country in response to the attack. The violence erupted on Wednesday morning, even before NCP leaders could enter the city with their convoy. A police vehicle came under attack and was set on fire, followed shortly by an attack on the car of the Upazila Nirbahi Officer (UNO). Following a brief rally, the NCP leaders began departing under police escort for Madaripur via Tekerhat.
Source:bd News24
July 16, 2025 11:32 UTC
India offers support to restore Satyajit Ray’s ancestral home in Mymensingh as demolition begins
India has shown interest in aiding the restoration and reconstruction of the ancestral home belonging to film maestro Satyajit Ray's forefathers in Mymensingh city following reports of its demolition. The single-storey house of Satyajit Ray’s forefathers in the city had been used by the Shishu Academy. Harikishore Ray was a zamindar at Masua in Kishoreganj’s Katiadi and an ancestor of the early patrons of Bengali children's literature, including Upendra Kishor Ray Chowdhury, Sukumar Ray, and Satyajit Ray. According to Banglapedia, at the age of five, Upendra Kishor Ray was adopted by Harikishore Ray Chowdhury from his birth father Kalinath Ray (also known as Shyamsundar Munshi). Under his patronage, Upendra Kishor began his education and passed the entrance examination with a scholarship from Mymensingh Zilla School in 1880.
Source:bd News24
July 15, 2025 20:38 UTC
Dollar rises after central bank buys greenback via auction
Although many banks quoted rates above Tk 120 during the auction, the central bank accepted the highest rate.This marked the first time Bangladesh Bank operated such a dollar purchase through an auction. "A decrease in dollar rate is not good for the economy. "Previously, the central bank bought dollars at fixed rates. "If the dollar price fell, importers would benefit, but exporters and expatriates who sent remittances would be harmed," he said. "Officials from the central bank said apart from occasional spikes in remittances, the market has remained stable due to consistent export income.
Source:bd News24
July 15, 2025 19:33 UTC
Imports, exports halted at Teknaf port for 3 months, goods rotting in storage
TEKNAF, July 15: For three months, trade with Myanmar through the Teknaf Land Port in Cox's Bazar has been suspended. Since then, trade at the Teknaf-Maungdaw border has been suspended.Jasim Uddin Chowdhury, general manager (GM) of United Land Port Limited at Teknaf Land Port, says: "There was no damage to imports though the port has been idle for three months. "The Teknaf Land Port, which used to bustle with goods and long queues of trucks and busy workers, now stands empty and quiet. "No products are being allowed to enter the Teknaf Land Port from Myanmar either," he said. "A row of about 20 shops in front of the land port used to bustle with the clamour of port workers.
Source:bd News24
July 15, 2025 19:33 UTC
Shamin Mahfuz arrested again over suspected links to Pakistani militant group
Shamin Mahfuz, previously arrested on charges of militancy, has once again been detained, this time over suspected ties to the Pakistani militant organisation Tehrik-i-Taliban Pakistan (TTP). Members of RAB-11 arrested him in Narayanganj on Monday and later shown arrested in a case filed by the Anti-Terrorism Unit (ATU) at Savar Model Police Station. Shamin, alleged by police to be the founder of extremist group Jamatul Ansar Fil Hindal Sharqiya, had recently been released on bail. While not named in the original case filed by ATU Inspector Abdul Mannan, Shamin was brought in for interrogation on suspicion of involvement with TTP. According to the Counter Terrorism and Transnational Crime (CTTC) unit, Shamin was first detained in 2011 in a case filed in Thanchi, Bandarban.
Source:bd News24
July 15, 2025 18:39 UTC
14 NBR officials suspended over tearing up transfer orders in 'protest'
14 NBR officials suspended over tearing up transfer orders in 'protest'The National Board of Revenue (NBR) has suspended six more officers after removing eight others over publicly tearing up transfer orders amid protests demanding the stepping down of Chairman Abdur Rahman. Earlier the same day, eight officials from the Income Tax Division were similarly suspended through separate orders. The suspended Tax official is Mirza Ashik Rana, additional tax commissioner of the Dhaka Tax Zone-8. On Tuesday, the NBR suspended three officials for “disrespecting” the transfer order. They are Masuma Khatun, joint tax commissioner of Dhaka Tax Zone-2; Murad Ahmed, joint tax commissioner of Tax Zone-15; Morshed Uddin Khan of the Kushtia Tax Zone; Monalisa Shahreen Sushmita, joint tax commissioner of the Noakhali Tax Zone; and Ashraful Alam Pradhan, joint tax commissioner of the Cox’s Bazar Tax Zone.
Source:bd News24
July 15, 2025 18:05 UTC
1.5m government employees cleared to get two higher-grade benefits
The Supreme Court’s Appellate Division has removed a longstanding prohibition to higher-grade promotions for government and autonomous institution employees who received a time scale or selection grade before 2015. Issued a year after the introduction of the 2015 National Pay Scale, the notification drew strong objections from public servants. As a result, Paragraph 7 of the 2015 pay scale -- confirming eligibility for higher-grade entitlements -- remains unchanged. With the restriction removed, employees who received a time scale or selection grade before 2015 can now obtain a second higher-grade promotion without limitation. Petitioners’ lawyer Ibrahim Khalil said the ruling clears the path for around 1.5 million officials and staff to access long-delayed benefits.
Source:bd News24
July 15, 2025 14:32 UTC
Yunus does not seek titles like ‘National Reformer’, says CAO
Yunus does not seek titles like ‘National Reformer’, says CAOChief Advisor Muhammad Yunus has not sought any title such as “National Reformer”. The Chief Advisor’s Office (CAO) issued a statement to write it off on Tuesday, following a writ petition that urged the court to declare Yunus a “National Reformer”, and those killed in the July Uprising as “National Heroes”. After a preliminary hearing of the writ petition, a bench led by Justice Fahmida Quader issued a rule on Monday. The Cabinet Secretary, Law Secretary, and other relevant officials have been directed to respond to the rule within four weeks. In a statement issued on Tuesday, the CAO said the government has taken note of the High Court’s ruling and will respond once it receives a copy of the court’s order.
Source:bd News24
July 15, 2025 13:44 UTC