Dhaka, April 10 -- A Dhaka court has issued arrest warrants against five individuals, including senior executives of logistics firms and foreign buyers, over allegations of embezzling export proceeds totalling US$331,096 from Bangladesh's garment sector.
The case highlights growing concerns over financial irregularities in international trade transactions.
Industry leaders warn that such incidents not only deprive exporters of legitimate earnings but also pose risks to the country's foreign exchange inflows, prompting calls for tighter regulatory oversight.
Senior Judicial Magistrate Md Tajul Islam Sohag of the Chief Metropolitan Magistrate (CMM) Court, Dhaka, passed the order on Wednesday after Alim Knit (BD) Ltd, a subsidiary of Mond...
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