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November 22, 2017 - Syed Asaduzzaman, Managing Director of Best Electronics (global brand electronics retailer), inaugurating its 10 more new showrooms at a time across the country recently. Syed Tahmid Zaman Rashik, Director (Marketing) and Syed Ashhab Zaman Rafid Director (Sales) of the company were also present.
November 22, 2017 - M Wahidul Haque, Chairman of AB Bank Limited, poses with the participants of a 2 day long workshop on ‘Customer Service Excellence’ at its head office in the city recently. Moshiur Rahman Chowdhury, Managing Director and other senior members of the bank were also present.
November 22, 2017 - PM urges armed forces to stand by people for uplift
November 22, 2017 - Sheikh Hasina University Bill, 2017 placed in JS
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November 21, 2017 - SM Amzad Hossain, Chairman, Board of Directors of South Bangla Agriculture & Commerce (SBAC) Bank Limited, presiding over its 70th meeting at the banks head office in the city on Monday. Md. Golam Faruque, Managing Director and Directors of the bank among others were present.
November 21, 2017 - PM receives “ASOCIO-2017 Digital Government Award”
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November 21, 2017 - Armed Forces Day today
November 20, 2017 - Md. Abdul Hamid Miah, Managing Director of Islami Bank Bangladesh Limited, receiving the ‘Islamic Retail Banking Awards (IRBA) 2017′ from Professor Humayon Dar, Chairman and Founder of IRBA on Tuesday at JW Marriott Marquis Hotel in Dubai. The bank achieved the award for strongest Islamic retail bank in South Asian Region conferred by UK-based financial intelligence house Cambridge IF Analytica.
November 20, 2017 - US senators dub atrocities in Myanmar as “war crime”
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November 20, 2017 - Tea export fetched Tk 36 cr in last fiscal: Tofail
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November 19, 2017 - Country’s first ever digital reality show “Banglalink Next Tuber” ends with a spectacular Grand Finale
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November 19, 2017 - China is willing to facilitate BD-Myanmar dialogue: Wang Yi
November 19, 2017 - 7th March speech inspiration for downtrodden people: Speakers
November 19, 2017 - No room for militants in Bangladesh: Land Minister
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November 18, 2017 - UN urges Myanmar to end attacks against Rohingya
November 18, 2017 - 49.64 lakh tonnes of vegetables produced in FY17: BBS
November 18, 2017 - BNP will remain dangerous: Inu
Panama Papers law firm closes Jersey, Gibraltar offices

Panama Papers law firm closes Jersey, Gibraltar offices

PANAMA CITY:  The law firm at the heart of the Panama Papers revelations is closing its offices in the British-dependent territories of Jersey, Isle of Man and Gibraltar, it tweeted Friday.

Mossack Fonseca “will be ceasing operations” in those territories, “but we will continue serving all of our clients,” it said.

“This decision has been taken with great regret, as Mossack Fonseca has had a presence in these locations for more than 20 years,” the Panama-based law firm added.

The office closures were part of a strategy to “consolidate our service office network,” it said.

The announcement came nearly eight weeks after the first reports about the Panama Papers emerged, divulging details taken from nearly four decades of records from Mossack Fonseca’s computer archives.

They revealed that many prominent leaders, politicians, celebrities and wealthy individuals around the world used Mossack Fonseca to start up or run offshore entities to hold their assets.

Although offshore companies are not in themselves illegal, the sudden publication of the information drew attention to possible tax avoidance and money laundering crimes in some cases, and embarrassed some figures trying to keep their finances secret.

News of the closure of Mossack Fonseca’s offices in Jersey and Isle of Man — two Crown dependencies of Britain — and Gibraltar — a British overseas territory jutting off from Spain — was reported earlier this week by local media in those territories and the BBC.

The law firm in Panama did not confirm the information on Thursday when contacted by AFP.

While its tweets Friday said those closures were happening, they made no mention of another report circulating this week in US media, about Mossack Fonseca’s affiliate in the state of Nevada resigning as the agent for 1,000 companies it administered there.

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