Twenty-Six Garment Factories Distressed By Alleged Bank Fraud
A group of export-oriented readymade garment manufacturers have publicly alleged that extensive financial irregularities at the Narayanganj branch of Premier Bank PLC have pushed 26 factories into a severe operational crisis. The affected business owners claim that bank officials engaged in back-to-back Letter of Credit (LC) fraud, illicit foreign currency transactions, and the unauthorized creation […]
Read more
