Bangladesh: Tycoon arrested in biggest financial scam

A Bangladeshi tycoon has been arrested for his alleged involvement in embezzling USD 192 million as bank loans in the country`s biggest financial scam.

Bangladesh arrests tycoon in country`s biggest financial scam

Rapid Action Battalion (RAB) arrested Tanvir Mahmud and his brother-in-law Tushar Ahmed in late night raids in the city`s Mirpur area.

Pakistan Army Chief orders probe into financial scam

Pak Army Chief has ordered a probe into the huge financial scam in the army run National Logistics Cell.