Latest news with #AlAmin
Express Tribune
17-04-2025
- Politics
- Express Tribune
Anti-corruption team raids BCB's HQ
The Bangladesh government's Anti-Corruption Commission (ACC) raided the BCB's headquarters on Tuesday to collect documents and records following allegations against the cricket board. The three-member probe team held a press briefing following their raid, alongside BCB chief executive Nizam Uddin Chowdhury. The allegations include financial misappropriation of ticket sales during BPL and irregularity in expenses for cricket-related activities around a political programme called "Mujib 100" (to celebrate the 100th birth anniversary of Sheikh Mujibur Rahman) in 2020 but which got cancelled due to the Covid pandemic. The ACC team also looked into details about the rule change in Dhaka's third division qualification competition. All three allegations fall under the time when Nazmul Hassan was the BCB president. "We will file a report in the enforcement unit after verifying all these documents," ACC's assistant director Al Amin said. "The ACC will then decide what the next step will be. Every one of the ACC's raid is due to a specific complaint. We collect complaints from the media. We have a committee that verifies these complaints. Once it is approved, we go on a raid. It is the same in this case." The ACC officials said they are looking into the financial anomaly in the BPL's ticket sales since the third edition. Ticket sales have earned the BCB around BDT 15 crore (1.2 million USD approx.) from the eight seasons, but in the eleventh season alone it was BDT 13 crore (1.07 million USD approx.). "One of BCB's revenue streams is ticket sales. There was 15 crore in eight years, and then 13 crore in a single year. We are trying to collect documents to find out what the anomaly is," Al Amin said.
Yahoo
16-04-2025
- Business
- Yahoo
ACC Raids BCB Over Alleged Corruption and Irregularities
The Anti-Corruption Commission (ACC) conducted an enforcement operation at the Bangladesh Cricket Board (BCB) headquarters in Mirpur, following specific allegations of financial misconduct and irregularities. The three-member ACC team, led by Assistant Director Al Amin, carried out the operation based on a letter from ACC headquarters outlining the concerns. After inspecting various departments for over an hour, Al Amin briefed the media, confirming that the ACC is investigating three separate allegations: corruption in team selection for domestic leagues, discrepancies in ticket revenue from the Bangladesh Premier League (BPL), and fund embezzlement during the Mujib Centenary celebrations. The ongoing Third Division Qualifying League is at the center of the selection-related probe. After a fee hike in 2014-15 from Tk75,000 to Tk5 lakh (approx. $910 to $4,550), participation dropped significantly. This year, with the fee reduced to Tk1 lakh (approx. $910) and conditions relaxed, 60 teams entered. Al Amin noted that previous low participation might have been influenced by internal pressure or restrictions, which the ACC is now investigating. Regarding BPL ticket sales, Al Amin highlighted that Tk13.25 crore (approx. $1.2 million) was earned in the latest season, almost equal to the Tk15 crore (approx. $1.37 million) collected over the previous ten editions combined. This sudden surge has prompted a closer review of ticketing records. The Mujib Centenary celebrations in 2020–21 are also under scrutiny. Assistant Director Mahmudul Hasan stated that although Tk25 crore (approx. $2.3 million) was reported as expenses, actual spending was closer to Tk7 crore (approx. $637,000), with Tk2 crore (approx. $182,000) from ticket sales allegedly unaccounted for. BCB Chief Executive Nizam Uddin Chowdhury assured full cooperation with the investigation. "All relevant departments have been instructed to provide the necessary documents to the ACC. We are committed to maximum cooperation. As the investigation is ongoing, it would not be appropriate to comment further at this stage," he said.
Yahoo
28-02-2025
- Business
- Yahoo
Ponce Bank revitalizes Bronx small businesses with state funding
NEW YORK (PIX11) – It was the who's who of the Bronx at Ponce Bank headquarters on Westchester Avenue. From City and State leaders to everyday people, everyone was on the same mission: to help small businesses thrive. A newly renovated community bank branch was unveiled in the Bronx. More Local News The state has invested millions of dollars in small businesses in the Bronx. Last September, it made a $35 million investment; in May, it made another $20 million. Al Amin is the owner of Hala Fresh on Westchester Avenue. Amin is from Bangladesh. He opened his restaurant here on Westchester Avenue four years ago. He says he couldn't have done it without funding. It was last September when PIX11 News first visited Ponce Bank president and CEO Carlos Naudon. He received a $35 million check from the state to help Bronx small businesses. It's a new look but the same mission, Naudon says, helping the undeserved but most deserving. Ponce Bank is taking part in what's called the Banking Development District Program. It's designed to stimulate and revitalize the economies of neighborhoods underserved by banks. Naudon says every day, it's his personal mission to fight for small businesses in the city. Naudon came to America from humble beginnings, arriving at the age of 13 from Chile with nothing but a suitcase and a dream. Now, the president says it's hard not to get emotional. He says he sees himself in the community he now serves. With more than $3 billion in assets, Naudon says it's always about the people. He launched the Ponce Bank small business boot camp in 2020, helping 1400 small businesses not just survive but thrive. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
