Dhaka, July 24 -- Bangladesh's President Mohammed Shahabuddin has resigned from office, Bangabhaban, a reliable source told ANI.

The official announcement of the President's resignation will be made at 5:00 PM Bangladesh time, the source added.

According to Bangladesh's Constitution, if President Mohammed Shahabuddin resigns, the Speaker of Parliament will serve as acting president until a new president is elected.

A new president will then be chosen by the members of the Jatiya Sangsad, following the constitutional process.

Since the new president's term will be tied to the current parliament, the question of who becomes the next head of state has also gained significant political importance.

Mohammed Shahabuddin was sworn in as the...