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The Bangladesh Financial Intelligence Unit (BFIU) has discovered anomalies worth Tk 353 crore at Sonali Life Insurance Company, accusing its former chairman Mostafa Golam Quddus and his family members of irregularities, fraud, and money laundering. The family, however, blames Quddus’s…

Bangladesh’s external debt servicing soared 47 percent year-on-year to $589 million in the first two months of the current fiscal year amid rising global interest rates and a higher foreign loan portfolio. The country paid $400 million for repayments of…