Correspondent: On the ninth of January this year, Post New York carried news about the US sanctions on Bangladeshi businessman S Alam. Some American congressmen including the editor of Post New York have decided since then that Bangladeshi businessman S. Alam is the main owner of the money of current Prime Minister Sheikh Hasina who won the non-voter election in Bangladesh and that is why the current government of Bangladesh has given him the opportunity to launder money abroad by robbing various banks of the country. And the precedent of US sanctions is not new to the close associates of any dictator in the world.
On Thursday, the United States imposed sanctions on Belarusian President Alexander Lukashenko and five entities for perpetrating internal repression and aiding Russia’s war in Ukraine. Canada has separately imposed a similar ban. It also imposed sanctions against 101 officials of the Belarusian regime and their associates. Among them are several judges. These judges imposed political punishments against the people of Belarus for exercising their fundamental freedoms. made a statement with this announcement on Wednesday by Blinken. On the other hand, Canada’s Minister of Foreign Affairs Melanie Jolie has imposed sanctions against 9 individuals and 7 entities of Belarus.
UK, European Union and US governments have slapped tough sanctions on the country’s billionaire businessmen, who are seen as close allies of President Putin, in response to Russia’s incursion into Ukraine. Mr. Putin had previously warned his allies against such sanctions, especially after his relations with the United States and European countries deteriorated after the annexation of Crimea.Among Putin’s friends, US sanctions on Alisher Usmanov, Roman Abramovich, Oleg Deripaska, Igor Sechin, Alexei Miller are particularly notable.
On July 23, the United States imposed sanctions on various countries for various reasons. In continuation of this, the country banned 120 individuals and organizations from the two countries. The two countries are – Russia and Kyrgyzstan. The sanctions have been imposed on 120 individuals and organizations from the two countries that provide the country with military equipment and provide money to rein in Russia in the war in Ukraine. This ban was issued by the Ministry of Finance of the United States. The sanctions include Russia’s banks, energy industry, shipbuilding companies, defense and technology businesses, and Russia’s private military companies.
And US Congress leaders said that the United States is walking on the same path regarding Bangladesh. They say to the media that Bangladesh Prime Minister Sheikh Hasina has created several oligarchs like Putin so that these oligarchs can help her financially during her crisis. This illegal money is needed by the government party especially during the repression of the opposition party. Every dictator needs such oligarchs because of the fear that the administration officials may not work for the government party without getting extra illegal money.
And for that reason, a businessman in Bangladesh named Saiful Alam Masu whose company is known as S Alam Group. Mohammad Saiful Alam, the owner of RS Alam Group, has illegally built a business worth at least one billion US dollars in Singapore. S Alam and his wife Farzana Parveen have been traced to investments in Singapore, British Virgin Islands and Cyprus.
On August 8, US State Department spokesman Matthew Miller also raised the issue of asset seizure. When asked by the name of the journalist Ras Alam, he said in response that the United States can take a strategy of confiscating the smuggled assets, not just bans to fight corruption around the world. Besides, all the information will be provided to the countries where the wealth has been smuggled, so that they can take necessary steps including cases in the related matters.
At the same time, the United States is encouraging the Bangladesh government to impartially eliminate the corrupt and those associated with them. also spoke to leaders of organizations representing the business community. On the condition of anonymity, one of them says, “There are some businessmen who have obtained various benefits by showing the favor of the government. Talking with those dishonest businessmen who are looking for opportunities, they are also seen to be quite anxious. This concern is justified. As far as I know there may be restrictions on some of the big traders. But I think there may be geopolitical motives to put pressure on the government.
Along with the macroeconomic crisis of the country, the political crisis surrounding the election has also affected the capital market. Rumors of possible U.S. sanctions on traders, in particular, have raised concerns among investors. Because if there is a ban on the entrepreneur or director of a listed company, it will have a negative impact on the business and financial condition of that company. As the capital market is very sensitive, the impact of any negative or positive news is first. Investor psychology also influences the market to a great extent.
