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ACC prosecutes Salman, son over money laundering

The Anti-Corruption Commission on Thursday filed a case against 11 people, including former IFIC Bank chairman Salman Fazlur Rahman and his son, Ahmed Sayan Fazlur Rahman, on charges of embezzling Tk聽33.64 crore and laundering Tk聽76 crore...

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Bashundhara paper cos default on聽Tk 416cr loan

The Bashundhara Paper Mills Limited and the Bashundhara Multi Paper Industries Limited of Bashundhara Group have been listed as loan defaulters by IFIC Bank and Rupali Bank, with a...

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BB frees IFIC Bank from Salman鈥檚 grip

The Bangladesh Bank on Wednesday freed IFIC Bank from the control of controversial Salman F Rahman, former adviser to ousted prime minister Sheikh Hasina, by dissolving the bank鈥檚 board and appointing independent directors to it...

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Mustafa becomes IFIC Bank MD

Syed Mansur Mustafa has been appointed as managing director of IFIC Bank PLC, said a press release...

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