I am now back after winter-break in Dhaka, and I should restart posting soon. A lot happening right now - a lot to write about.
But to get rolling again - my stock filler on this blog. From today’s Daily Star:
When the country was facing an acute dearth of edible oil supply last year, two business groups exported over 20,000 tonnes of edible oil to India at rates below those of local and international markets to get tax benefits on importing from traders there.
Three separate investigations have found that these traders–United Edible Oils Ltd and Bay Fishing Co Ltd–were involved in under-invoicing in order to help their Indian partners get tax benefit.
But this kind of thing also creates some additional headaches for the authorities - beyond the lower supply of the commodity:
“The business houses might also have involvement in money laundering under the guise of exporting to India,” the official said preferring anonymity.

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