What the papers say

What the papers say

bdnews24.com's digest of the featured stories in the main English language newspapers on Monday.

DAILY STAR

War probe chief under Probe

The Home Ministry is to investigate the allegations made against the head of the war crimes investigation unit that he was involved in the Islami Chaatra Sangha, Hasan Jahid Tusher reports. He also reports that Abdul Matin was yesterday called to meet the Home Minister to explain the allegations.

Ctg city polls in mid-June

The Election commission will hold the Chittagong city corporation elections in mid June, with the possibility that the army will be deployed to ensure a fair poll, reports Shakhawat Liton

FINANCIAL EXPRESS

Energy crisis, decision sloth prompt sharp investment fall

The country's acute energy crisis and protracted decision making process has led to a sharp decline in both local and foreign investment proposals in the current fiscal year, according to officials, Doulat Akter Mala reports. Foreign Direct Investments proposals dropped by 70.5% in the first eight months of the current fiscal year compared to the corresponding period last year.

Questions raised about $1b Indian loan deal draft

The Bangladesh Bank and other government bodies have raised question about certain clauses in the draft loan agreement with India, reports Nazmul Ahsan. These concerns include the need to have to import 100% of good and services from India, and the high level of the interest and default interest rate

INDEPENDENT

Illegal sand, brick business on city river banks

Hundreds of traders are engaged in illegal sand and brick businesses on the bank of the Buriganga, Turag, Balu and Shitalakya rivers ignoring the ban on such trading imposed by the High Court, reports Anisur Rahman Khan.

ACC to send notices to BNP trio

The ACC will soon issue notices to former speaker Jamiruddin Sircar, former deputy Speaker, Akhter Hamid Siddiqui and former Chief Whip Khandaker Delwar Hossain to question them on corruption allegations, reports Asraful Huq.

NEW AGE

Fund crunch forces govt to revert to 2pc tax

The finance ministry has written to the ministry of local government asking it to increase the tax on land and wealth registration to 2% - a reversal of a decision last month that the tax should be reduced to1%, reports Asif Showkat. This decision has been brought about due to lack of funds at the local government level.

Re-rolling foundry workers to get increased wages

The Minimum Wage Board has agreed to increase the minimum wage of nearly one million foundry and re-rolling industry workers, Kazi Azizul Islam reports. The current Tk900 minimum wage of an unskilled worker in a re-rolling mill set in 1994 will rise to Tk6100 following the government's agreement.