Dhaka, April 30 -- Two amendment bills have been passed in parliament to lift the age limits for the posts of chairman and member at the Bangladesh Securities and Exchange Commission (BSEC) and the Insurance Development and Regulatory Authority (IDRA).

The National Citizen Party (NCP) has raised concerns about the bills, saying it allows for influence peddling in the appointment process.

After the two bills were passed in the parliament session on Thursday under the chairmanship of Deputy Speaker Kayser Kamal, NCP MP Akhter Hossen expressed his concern.

In response, Finance Minister Amir Khosru Mahmud Chowdhury explained the reasoning for putting forward the bills.

The two bills passed are the Bangladesh Securities and Exchange Commis...