1. CAS is a director/chairman because of his official position thus many of the rules do not apply to official directors viz to equity directors.

2. CAS and all directors are non executive directors while the MD is an executive director.

3. Same principle has been applied in many other institutions. For instance the bar on stock brokers to become directors of PLC does not apply to ICB staff who are in fact working for investment/brokerage entities.

While it might be a good come-back, it might be derailing us from being able to see through the activities of this government. Dhor pakor has not been my cup of tea to begin with. I am always of the opinion that we as a nation are no more corrupt than any other nation in the world. There is nothing inherently wrong in our blood, as some of us frustrated ones think. It is just the system and how it got manipulated by the ruling class over the years with active participation of big brothers, generals, politicians (deshi and bideshi), businessmen, and the like. And when the system gets poilticized and swindled, then it is simply a matter of chaos, an excellent condition for a couple of different things… a popular revolution or a coup.

The latter is usually the case with third world countries like ours and that is exactly what has happened. Technocrats and religionists are jumping on the bandwagon and doing their best to bring about a technocratic revolution as well… we have examples from South Korea (Mr. Park), from Malaysia (Mahatir), from Pakistan (Gen. Musharraf), from Burma, from many many other countries.

However, this is not to suggest that people shouldn’t be investigating into the General’s account… but as I said, he is and will slip out of it unscathed, until and unless we nab him on more serous charges… for instance, selective political purging, selective arrests (businessmen v. politicians), appointing army personnel as top of most of the big industries, harboring and backing the religionists, and of course further politicization of army itself!

This must be a joke. Not this president. He tried to save the nation by making himself the chief adviser [to himself]. That began the trouble. If we had a proper board of advisers to begin with, there would have been no need for this “back,” which is now more visible than the front.

2. General Moeen claims his brother was one of the finest banker in Bangladesh. In fact, he was only a senior executive vice president (No 4 man) in AB Bank prior to this appointment. He was discharged from AB bank on foreign currency scam along with 5 others without a release certificate. Gen Moeen,then GOC Chittagong, tried to force the Bank authorities to take his corrupt brother back or provide a release certificate. Bank politely refused. The chairman and his family are paying the price heavily now.

3. General Moeen reportedly went to Hawa Bhaban, Giasuddin al mamun , Hafiz Ibrahim, and many others to look for Iqbal’s job. Even the most corrupt people refused to help this corrupt banker. Finally Moeen struck a deal with the the army chief Hasan Mashud Chowdhury, that if he was made next army chief then Moeen would make him a caretaker adviser and finally would give him a minister status appointment. So can General Hasan Mashud put General Moeen behind bars for his proven crime and blatant lie? The nation is waiting to see.

4. How could he pay from his house rent before the house was built?

5. You can’t build even a two storied building using 35 lakh taka. Send a civil work estimator to the built house, you can then imagine how much money was required to build it.