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Corporate Corruption

Nine ins cos served notices for tax evasion

FT ONLINE Nine insurance companies have allegedly evaded taxes worth around Tk 110.16 crore as Value-added Tax (VAT) on Agent Commission and Reinsurance Commission in…

Padma Oil MD held in corruption case

FT ONLINE Anti-Corruption Commission (ACC) detained Padma Oil Company Ltd (POCL) Managing Director Abul Khayer, in a case filed over corruption against him. ACC Deputy…

3,000 bKash agents face probe

FT ONLINE Bangladesh Bank has asked the police to investigate ‘irregular’ transactions by around 3,000 agents of mobile money transfer service provider bKash. The central…

Samsung heir gets 5-year jail sentence

FT ONLINE A court in South Korea has found Lee Jae-yong, the vice-chairman and de facto head of the country’s largest company, Samsung, guilty of corruption…

ACC hotline awash with complaints

FT ONLINE The Anti-Corruption Commission (ACC) has received more than one lakh complaints in its hotline in last nine days and sent around 300 of those to…