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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
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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
Situation of Default Loans in Banking Sector

Default loans surpass Tk 200,000cr for first time

Default loans in the banking system surpassed Tk 200,000 crore for the first time, underlining the fragile condition of the sector that fell prey to rampant scams and irregularities under the tenure of the Awami League government over the past 16 years.
3 September 2024, 18:00 PM
default loans in Bangladesh's banking sector

Default loans hit record Tk 211,000cr 

Default loans in the banking sector hit an all-time high of Tk 211,000 crore at the end of June of this year, as per the latest Bangladesh Bank data. 
3 September 2024, 12:19 PM
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BB’s strange bid to save Orion plant

Three state-run banks far exceeded their limits to salvage a coal-fired power plant project of an Orion Group subsidiary, which was stalled for six years, with Tk 10,579 crore in loans thanks to policy relaxation by the Bangladesh Bank under the now-ousted Sheikh Hasina government.
2 September 2024, 18:00 PM
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Assess loan exposure to influential people

The Bangladesh Bank (BB) has instructed the recently restructured banks to identify and assess their loan exposure to politically exposed and important persons as they might fail to repay the loans.
2 September 2024, 18:00 PM
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How Islami Bank was taken over ‘at gunpoint’

Islami Bank, the largest private bank by deposits in 2017, was a lucrative target for Sheikh Hasina’s cronies when an influential business group with her blessing occupied it by force – a “perfect robbery” in Bangladesh’s banking history.
31 August 2024, 18:00 PM
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Fixing boards of ailing banks is first step for good governance

Reconstituting the board of directors of ailing banks is the first step towards bringing good governance and discipline to the banking sector, according to Bangladesh Bank Governor Ahsan H Mansur.
29 August 2024, 18:00 PM
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The long, dark past of UCB

The central bank has just reconstituted the board of United Commercial Bank (UCB) for financial wrongdoings, but it has a darker past – a takeover at gunpoint by a politically influential family over a quarter of a century ago.
28 August 2024, 18:00 PM
S Alam group shuts six factories in Chattogram

S Alam barred from fund transfer, cashout, LC opening

The Bangladesh Bank yesterday instructed six S Alam-owned banks to stop any money going out of the accounts in the name of the Chattogram-based business giant, its associates’ companies and related persons.
26 August 2024, 18:00 PM
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Orion Pharma’s Tk 132cr loan rescheduled with special approval

Orion Pharma Ltd, a pharmaceutical company of Orion Group, has been provided a rescheduling facility on a forced/demand loan by state-run Agrani Bank with special approval from the Bangladesh Bank.
26 August 2024, 18:00 PM
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BB appoints administrator at Nagad

The Bangladesh Bank yesterday appointed an administrator to Nagad after one too many allegations of irregularities in the mobile financial service provider’s operations and dealings.
21 August 2024, 18:00 PM
Islami Bank finally freed from S Alam Group

Islami Bank finally freed from S Alam Group

After seven years, S Alam Group’s control over Islami Bank ended yesterday after the Bangladesh Bank decided to dissolve the board of the country’s largest private sector bank that was heavily dominated by individuals linked to the conglomerate.
21 August 2024, 18:00 PM
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S Alam group, associates: Tk 95,000cr loans taken from 6 banks

S Alam Group and its associate companies took out Tk 95,331 crore between 2017 and June this year from six banks, with 79 percent of the sum coming from Islami Bank.
19 August 2024, 18:00 PM
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Six banks still in shortfall despite BB support

Six banks including four Shariah-based ones are still facing a deficit in their current accounts with the central bank despite special liquidity support.
18 August 2024, 21:00 PM
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Sonali Bank asked to show Orion’s loan as defaulted

The Bangladesh Bank instructed state-run Sonali Bank to classify the Tk 106 crore loans taken by Orion Infrastructure Ltd as defaulted since the client repeatedly failed to repay on time.
18 August 2024, 18:00 PM
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S Alam drains Janata branch dry

As much as 90 percent of the loans disbursed by a branch of state-run Janata Bank was for S Alam Group, in yet another instance of how the Chattogram-based business giant exerted its influence on the country’s banking sector.
17 August 2024, 18:00 PM
banking rules violation by S Alam and Nassa Group

Loans from Janata, NBL: S Alam, Nassa got Tk 2,544cr waiver in breach of rules

Chattogram-based conglomerate S Alam Group and garment manufacturer Nassa Group were given interest waivers amounting to Tk 2,544 crore bypassing banking rules, in a testament to the outsize influence oligarchs had on the banking sector during the Awami League-led government of the past 15 years.
15 August 2024, 18:00 PM
Salman F Rahman used influence to secure loans

Salman used clout to help businesses secure loans

Salman F Rahman is known for using his influence to get bank loans for Beximco Group by bending rules, but documents seen by this newspaper have revealed how he helped others secure credit, or at least tried to.
15 August 2024, 18:00 PM
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Beximco leaves Janata Bank in poor health

What is the purpose of a single borrower exposure limit? It is to ensure that a bank’s fortune is not tied to the ebb and flow of a conglomerate’s business.
14 August 2024, 18:00 PM
Export Development Fund $600m loan default

$600m loans from EDF turn sour

Loans amounting to nearly $600 million, or Tk 7,000 crore, disbursed from the Export Development Fund (EDF), which was formed based on the country’s foreign exchange reserves, have been defaulted, according to a Bangladesh Bank (BB) document.
13 August 2024, 18:00 PM
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BB cuts special liquidity support for nine banks

The Bangladesh Bank reduced the special liquidity support extended to nine lenders, including five Shariah-based banks, despite the absence of a governor.
13 August 2024, 18:00 PM

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