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Investigation is my foremost interest

Md Mehedi Hasan

Investigation is my foremost interest

Md Mehedi Hasan, Bangladeshi investigative journalist covering financial crimes especially in banking industry. Currently, working at The Daily Star as senior staff reporter with more than eight years of experience in the field of journalism.

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Global and energy shocks to weigh on Bangladesh economy

23 April 2026, 00:00 AM
Bangladesh’s economy is facing renewed pressure from global geopolitical tensions and commodity market disruptions, with risks of elevated inflation, slower growth and mounting fiscal strain, according to Eric Robertsen, global head of research and chief strategist at Standard Chartered.
23 April 2026, 00:00 AM
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Analysis / A dangerous turn in banking reform

15 April 2026, 02:34 AM
A new law allows the architects of Bangladesh’s banking crisis to buy their way back in
15 April 2026, 02:34 AM
BANK RESOLUTION ACT, 2026.png

Bank Resolution Act, 2026: Doors open for ex‑owners to reclaim banks

12 April 2026, 03:21 AM
The newly enacted Bank Resolution Act, 2026, paves the way for former owners to regain control of merging banks under relatively easy terms, a move seen as a reversal of the interim government’s banking reform.
12 April 2026, 03:21 AM
AB bank recovery plan

AB Bank pivots to SMEs amid recovery push

12 April 2026, 00:00 AM
AB Bank has made a decisive strategic shift toward micro, small and medium enterprises (MSMEs), moving away from its earlier concentration in large corporate lending, said Reazul Islam, acting managing director and CEO.
12 April 2026, 00:00 AM
Bangladesh fuel import cost rising

Petroleum import bills surged 52% even before Iran war

10 April 2026, 00:00 AM
Bangladesh’s petroleum import bill soared 52 percent year on year in the July-February period of the current fiscal year, even before the war in the Middle East broke out, raising fears of a heavier eco-nomic impact ahead.
10 April 2026, 00:00 AM
Premier Bank.jpg

Audit uncovers embezzlement of Tk 3,088 crore

9 April 2026, 03:07 AM
An audit has found that Tk 3,088 crore was misappropriated from Premier Bank between 2018 and September 2025 through inflated office rent, misuse of CSR allocations, manipulation of general ledger entries, abuse of procurement processes, and false renovation claims.
9 April 2026, 03:07 AM
S Alam group shuts six factories in Chattogram

11 of top 20 loan defaulters linked to S Alam Group

7 April 2026, 00:20 AM
The top 20 loan defaulters whose names were disclosed yesterday in parliament owe more than Tk 35,000 crore, with the majority of the companies belonging to the controversial S Alam Group.
7 April 2026, 00:20 AM
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Govt bank borrowing surges amid war, interim legacy

2 April 2026, 02:21 AM
Government bank borrowing has risen sharply this fiscal year, a trend that began under the interim administration and has continued under the BNP government amid the US-Israel war on Iran, raising fresh concerns about inflation and fiscal pressures.
2 April 2026, 02:21 AM
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Rising remittance provides a breather amid forex crisis

Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange reserves.
3 November 2024, 18:00 PM
export fund stuck in troubled banks

Tk 3,000cr export fund held up in four troubled banks

A large chunk of a Tk 10,000 crore central bank fund, meant for financing raw material imports for export orders, remains stuck with four crisis-hit banks, according to Bangladesh Bank officials.
31 October 2024, 18:00 PM
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BB probe into Union Bank: ‘S Alam staffer’ took Tk 118cr sans approval

A “staffer of S Alam Group” took out Tk 118 crore from Union Bank without any approval or following any banking norms, indicating how the controversial business conglomerate used the bank.
28 October 2024, 20:33 PM
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Pubali Bank’s journey to the top

While more than a dozen banks in Bangladesh are struggling to stay afloat, Pubali Bank, which has emerged as one of the leading private commercial lenders, stands as a glowing example of how to traverse difficult times.
26 October 2024, 18:00 PM
cash outside Bangladesh's banking sector increasing

Cash outside banks keeps rising

The volume of cash outside the banking sector of Bangladesh has been increasing since the start of the year due to persistent inflation, the loss of consumer confidence in the sector due to the presence of ailing lenders, and the prevailing situation following the recent political changeover.
16 October 2024, 18:00 PM
NBFIs provision shortfall Bangladesh

16 NBFIs face total provision shortfall of Tk 1,954cr

Sixteen non-bank financial institutions (NBFIs) faced a combined provision shortfall of Tk 1,954 crore till June this year, reflecting that their financial health had worsened.
13 October 2024, 18:00 PM
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Crisis-hit banks repaying depositors for emergencies, basic needs

As crisis-hit lenders have started getting liquidity support from the inter-bank money market, they are now repaying depositors for specific purposes, such as medical emergencies, and in the case of salary disbursement or remittance encashment.
10 October 2024, 18:00 PM
EkPay offering payment services without licence

EkPay offering payment services without licence

EkPay, an e-payment system of the Aspire to Innovate (a2i) programme of the government, has been offering all types of payment services without obtaining a licence from the Bangladesh Bank (BB), which is in clear violation of the Payment and Settlement System Act-2024.
8 October 2024, 18:00 PM
Bad loans in non-banks

Non-banks’ default loans hit record high

Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.
6 October 2024, 18:00 PM
$800m repayment to Russia in limbo

$800m repayment to Russia in limbo

About $809 million has piled up in a Bangladesh Bank escrow account to repay loans and interest for the Russia-funded Rooppur Nuclear Power Plant.
5 October 2024, 18:00 PM
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S Alam took out 86pc of Global Islami Bank’s loans

S Alam Group and its linked companies account for more than 86 percent of the disbursed loans of Global Islami Bank (GIB), one of the six Shariah-based lenders that were controlled by the Chattogram-based business giant.
30 September 2024, 01:00 AM
S Alam group shuts six factories in Chattogram

Globe Edible Oil Ltd: S Alam’s backdoor takeover attempt

S Alam Group’s takeover of the Islami Bank to drain the healthiest bank of the country had left investors and customers in shock. It did not stop there.
25 September 2024, 01:00 AM
Five crisis-hit banks secure BB guarantee for liquidity

Five crisis-hit banks secure BB guarantee for liquidity

Five crisis-hit banks have obtained a Bangladesh Bank (BB) guarantee to avail liquidity support from the inter-bank money market, according to central bank officials.
22 September 2024, 18:00 PM
S Alam group shuts six factories in Chattogram

Overseas assets: Singapore FIU seeks info on S Alam Group

The Financial Intelligence Unit (FIU) of Singapore has requested details about the Chattogram-based conglomerate S Alam Group and its owners, including information on their domestic and foreign assets, from Bangladesh’s Financial Intelligence Unit (BFIU).
19 September 2024, 18:00 PM
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Singapore’s Financial Intelligence Unit seeks info on S Alam Group

The overseas assets of S Alam Group, including those in Singapore, came under scrutiny following recent media reports.
19 September 2024, 08:09 AM
UCB bank at a glance

‘We were forced to leave UCB, and the PM knew everything’

Former land minister Saifuzzaman Chowdhury Javed compelled UCB board members to resign and former prime minister Sheikh Hasina was aware of this, according to the lender’s new Chairman Sharif Zahir.
15 September 2024, 18:00 PM
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Three banks seek BB guarantee for Tk 6,800cr liquidity support

National Bank, Islami Bank Bangladesh and Social Islami Bank have applied to the Bangladesh Bank (BB) for its guarantee to avail a total of Tk 6,800 crore in liquidity support through the inter-bank money market for a period of three months.
11 September 2024, 18:00 PM
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Global lenders to finance banking reforms

The Asian Development Bank (ADB) and the World Bank are expected to provide funds to Bangladesh for banking sector reforms, including strengthening and modernising the central bank.
10 September 2024, 18:00 PM
cash withdrawal limit withdrawn

BB in $450m shady trade with Islami Bank to rebuild reserves

In the first week of July, the Bangladesh Bank and Islami Bank Bangladesh completed a US dollar-taka trade, a typical mutual currency deal, which was supposed to replenish the central bank’s dwindling forex reserves and provide the cash-strapped Shariah-based lender with some liquidity support.
4 September 2024, 18:00 PM
Bangladesh Bank reduces cash reserve requirement

BB in $450m shady trade with Islami bank to rebuild reserves

In the first week of July, the Bangladesh Bank and Islami Bank Bangladesh completed a US dollar-taka trade, a typical mutual currency deal, which was supposed to replenish the central bank’s dwindling forex reserves and provide the cash-strapped Shariah-based lender with some liquidity support.<
4 September 2024, 16:20 PM

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