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Police and army conducted a joint raid at former Dhaka-18 lawmaker Mohammad Habib Hasan’s son’s in-laws’ residence yesterday and arrested three individuals and seized Tk 1.16 crore, along with a substantial amount of foreign currency. The arrestees are — Shahjada…

Directors of eight private banks borrowed heavily from each other’s banks in reciprocal lending practices fraught with serious risks. Some banks went one step further and lent thousands of crores to relatives of these banks’ chairmen or directors.  The loans…