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Vice Chancellor of International Islamic University Chittagong Prof KM Golam Mohiuddin exchanging MOU documents with Dean of Malaysian University Centre for Graduate Studies Dr Jaliman Sauli at IIUC Conference Hall.

24 Aug 2017, 12:00 am0

Bangladesh’s other Banking Scam

BY JOSEPH ALLCHINAPRIL :On Feb. 4, $101 million dollars of Bangladesh’s foreign exchange reserves were stolen from its account at the Federal Reserve in New York. Only about $20 million have been recovered so far, and it still isn’t known who took the money or where it ended up. The heist is being described as one of the biggest bank robberies in history.But it’s hardly the first time tens of millions of dollars have vanished from Bangladesh’s banks. The high-flying...

13 Apr 2016, 12:00 am