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BGMEA calls for streamlined bond services

Ex-PSM chairman, five others acquitted in canteen contracts case - Newspaper

KARACHI: An accountability court on Saturday acquitted former Pakistan Steel Mills chairman Moeen Aftab Sheikh and five others in a case pertaining to Rs61 million corruption in the award of canteen contracts in 2008-09. Mr Sheikh, then principal executive officer retired Brigadier Abdul Qayyum, then deputy general manager Mohammad Farooq, then deputy GM Imtiaz-ul-Haq, then deputy manager Asghar Ali, then deputy GM Mohammad Atique Khan along with then chairman of the food committee Najamuddin Saho and three contractors were charged with awarding canteens’ contracts at exorbitant rates. On Saturday, Judge Suresh Kumar of the Accountability Court-IV pronounced his verdict. The judge noted that the prosecution failed to prove its case against six accused persons. Therefore, he exonerated them by extending them the benefit of the doubt.

Bangladesh apparel exports were taking huge COVID hit Second wave in US, Europe has made things worse

  Faysal Atik and Kazi Nafia Rahman,  bdnews24.com Published: 15 Jan 2021 12:36 AM BdST Updated: 15 Jan 2021 02:07 AM BdST A cleaner wearing protective gear sprays disinfectant at a readymade garment factory in Dhaka s Mirpur amid the coronavirus outbreak. Photo: Asif Mahmud Ove Workers wearing face masks sew garment at a factory in Dhaka s Mirpur amid the coronavirus outbreak. Photo: Asif Mahmud Ove Readymade garment exporters of Bangladesh say they are struggling to survive the crisis caused by a drop in orders due to a second wave of the coronavirus pandemic in the US and Europe. ); } They fear a fresh downturn in the industry of around 4 million workers, executives, and small and medium investors.

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