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HC stays IRDA decision to suspend Sonali Life Insurance board

The High Court has stayed for six months the Insurance Development and Regulatory Authority's (IDRA) decision to suspend the board of directors of Sonali Life Insurance and appoint an administrator to run the company.

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Administrator appointed at Sonali Life Insurance

The Insurance Development and Regulatory Authority (IDRA) yesterday appointed Brig Gen (retd) SM Ferdous as administrator of Sonali Life Insurance with immediate effect.

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Sonali Life Ins Board suspended – The New Nation

Sonali Life Ins Board suspended – The New Nation
thedailynewnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailynewnation.com Daily Mail and Mail on Sunday newspapers.

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Audit At Sonali Life Insurance: Ex-chairman, family pocketed Tk 187cr

Sonali Life Insurance Company’s former chairman Mostafa Golam Quddus and his six family member directors have embezzled at least Tk 187.84 crore from the company, an audit has found.

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Yunus Centre responds to Grameen Bank's allegations

Yunus Centre responds to Grameen Bank's allegations
dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.

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Yunus Centre furnishes details of Grameen Telecom, Kalyan's amended articles in response to GB allegations

This followed a statement on Thursday signed by its media cell head, Anju Ara Begum, that itself was a response to a press conference held earlier in the day by Md Yunus and others at Grameen Telecom Bhaban, where the 8 social enterprises alleged to have been forcefully taken over by Grameen Bank (GB) are located

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IDRA asks Sonali Life why board should not be suspended

The insurance regulator has asked Sonali Life Insurance to explain why the board of directors of the company should not be suspended after failing to provide necessary information to an audit firm appointed by the regulator.

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Sonali Life Insurance board suspends CEO

Just 15 days past a regulatory audit being initiated against him, the chairperson of Sonali Life Insurance has informed that its board of directors had suspended its chief executive officer (CEO) yesterday over allegations of misappropriating funds.

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