Wednesday | 30 April 2025 | Reg No- 06
Bangla
   
Bangla | Wednesday | 30 April 2025 | Epaper
BREAKING: ● EU backs democratic oversight in Bangladesh’s financial governance      ● Ansar Uddin Khan made coordinator of ICT probe agency      ● BSEC dismisses 21 officials      ● Salman, Anisul, ex-IGP on remand over student movement related murder cases      ● Yunus distributes 300 houses among flood victims      ● Child cricketer's body recovered from Karnaphuli       ● Ramna Batamul bomb blast verdict on May 8      

Govt appoints administrator at BCCCI, dissolves executive committee

Published : Monday, 24 March, 2025 at 12:00 AM  Count : 466
Business Correspondent
The government has dissolved the executive committee of Bangladesh-China Chamber of Commerce and Industry (BCCCI) and appointed a new administrator to restore order.

Nargis Murshida, Joint Secretary, Ministry of Commerce, Government of the People's Republic of Bangladesh, took charge of the BCCCI on Sunday (23 March) 2025, according to an order by the Commerce Ministry issued on 16 March 2025.

The Ministry of Commerce made the decision on Sunday following widespread unrest among general members and allegations of mismanagement. Nargis Murshida has been appointed to take charge of the chamber and organize a fresh election within 120 days, according to official source.

The removal of the executive committee came after repeated complaints from chamber members regarding its inefficiency and failure to coordinate activities. The committee's inability to provide a satisfactory explanation for its various shortcomings further hasten the government's decision.

The Ministry of Commerce, in an official statement said the chamber had lost operational discipline and was failing to function in alignment with the Trade Organization Act of 2022. The persistent instability and disorder in the organization compelled direct government intervention to ensure compliance with regulatory frameworks.

The newly appointed administrator has been directed to take immediate control and oversee all activities of the chamber. Her mandate includes stabilizing the chamber's operations, preventing further disruption, and conducting a transparent election to elect a new executive committee.

Upon completing the election process, she must formally transfer responsibilities to the newly elected leadership and submit a report to the government. The Ministry of Commerce has emphasized that any deviation from the legal framework governing trade organizations will not be tolerated.

The decision reflects the government's commitment to strengthening oversight in business associations and ensuring adherence to governance standards. Officials have circulated the directive to key institutions.

It includes Registrar of Joint Stock Companies and Firms, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), and Dhaka district administration, instructing them to monitor compliance.

The chamber's leadership crisis serves as a reminder that regulatory intervention will be enforced wherever necessary to maintain accountability and institutional integrity.


LATEST NEWS
MOST READ
Also read
MIDAS Financing PLC re-appoints Mustafizur Rahman as MD
Divisional PPP confce held in Chattogram to boost regional investment
Govt to procure 3 cargos LNG, 70,000 MTs fertilizer
UCBD launches Campus to Corporate initiative
Integration of climate finance, insurance mechanism urged for coastal communities
EU supporting to strengthen BD's public financial management reform
Safe HVACR and Cold Chain BD begins 15 May 
Stocks extend losing streak
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: [email protected], news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝
close