Wanderers wander into a quagmire of gambling The Business Standar

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May 3, 2022
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“The quality players had already signed for different clubs when we decided to recruit players, but we still managed to sign five good foreign players. A new British trainer will join the side within two days,” Sarwar said. A number of former players and organizers, who had turned away from the club during Lokman’s tenure, have now returned to resurrect the fallen giant of Dhaka’s football arena to its former glory.

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Bangladesh, the world's third most populous Islam-majority country, prohibits gambling except for horse racing. However, it is not unusual for people to bet on sports such as cricket, carrom, kabaddi, and others. Whereas the Bangladesh Gambling Act has undergone some amendments over the decades.

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Alfaz awaits return of Mohammedan’s lost glory

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Alfaz Ahmed, who has the credit to celebrate all three international trophies won by the Bangladesh national team, hopes that Mohammedan Sporting Club, will regain its glory. In course of time he became attracted to Vaishnavism and became a disciple of Krishna Vallabh Goswami of Murshidabad, who initiated belief in him.

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Bangladesh Bank statistics revealed that total amount of currency outside banks stood at Tk 1.54 trillion at the end of FY19 which was Tk 1.41 trillion at the end of FY18. It indicates that big amount of cash held by some people or organisations is not entirely an abnormal phenomenon. Adopting new laws and regulations that address digital technologies’ specific issues and opportunities; 2.

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There are few other buildings available near this one and people are living there. “Bangladesh Bank monitors suspicious transactions. But it is impossible to monitor the purpose for which a person or business engages in a money transaction.” “At the end of the day, an hour playing with Tk 100 can leave you Tk 1 million up or down to Tk 50.” “No one is forced to invest money in that app. It is good for us if an unemployed youth gets a job through [this app].” Rubel said that half a hundred investors of Durgapur Upazila have invested money in MTFE app through him. Of the money Shobuj ‘invested’ in the app, Tk 40,000 was from his savings.

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  • It indicates that big amount of cash held by some people or organisations is not entirely an abnormal phenomenon.

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Various units of the police have undertaken arrests based on victims’ complaints, but they are booked under Section 420 for fraud. In January 2020, Shamsul Islam, cash in-charge at the Rajshahi branch of the privately owned Premier Bank, withdrew Tk 35 million from the bank’s vault.

  • Moreover, when compared to the country’s Gross Domestic Product (GDP), it shows that the proportion of cash in Bangladesh economy is not as large as presumed by many.
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  • “If anyone uses it for dishonest or illegal activities, the account will be closed upon receiving a complaint.”
  • The court made a reference to the case of Bangladesh Parjatan Corporation vs. Mofizur Rahman 46 DLR (AD) 46.

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  • However, the order was challenged a year later, and it was held that the respondent had acquiesced in the order of retirement and was therefore barred from opposing it.
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Wanderers are the only club in Bangladesh to have won the IFA shield, and that too was lost after that tragic incident. But people around the club still hoped that it would once again rise to the top of the tree. The appeal was allowed with costs, and the Court was of the opinion that acceptance of pensionary benefits in the facts and circumstances of the present case could not be construed as estoppel under section 115 of the Evidence Act. “I think Mohammedan is the victim of politics, you see the club has already been tagged as BNP oriented club. But it’s not fair, due to casino occurrence situation worsen” said Alfaz.

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Like Shobuj, many others are tricked by apps that scam them in the guise of betting, gambling, gaming, investment, and casinos. Though such get-rich-quick scams have been operating for years, little effective action has been taken to stop them.

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A BTRC official said that nearly 1,000 gambling sites have been shut down in the last year, and a team of 12 people in the organisation conducts regular website monitoring. They also shut down gambling or casino sites when they notice or receive complaints. The law enforcement agencies have not disclosed the names of these apps to the media. The basic idea of these apps and sites is the same, but they arrange different games under different names. There is another game called Live Casino where a person steps into the casino’ and spins the wheel. As a result, players get a similar thrill to entering a casino in person.

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  • Wanderers are the only club in Bangladesh to have won the IFA shield, and that too was lost after that tragic incident.
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  • And yet, such business practices are rampant, dodging our legal system and the cybercrime cell with much ease.
  • Various units of the police have undertaken arrests based on victims’ complaints, but they are booked under Section 420 for fraud.

Without going into the details of monetary aggregates, it may be simply mentioned that one is currency creation or supply side, another is use side. Bangladesh Bank notes and government notes and coins generate the total currency in circulation with Bangladesh Bank notes accounting for 99.0 per cent of the total.

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Previously named Muslim Wanderers, it became Dhaka Wanderers over time as a bunch of sports-lovers from Old Dhaka brought the club into a prominent position in the local sports arena. We use proven strategies to design reliable security programs tailored to meet the needs of specific individuals, groups and companies. We are serving organizations with security services in Dhaka and throughout Bangladesh. The learned deputy attorney general submitted that because the appellant took the retirement benefits, he relinquished his right, and thus his case is hit by section 115 of the Evidence Act. “So overall I am very much optimistic that a bright future is awaiting for Mohammedan and the traditional club will get back its lost glory,” said Alfaz. Alfaz, now serving as an assistant coach, feels pain at the dire straits of Mohammedan.

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Instead of most other financial systems, PayPal has high limitations on the four-to-four profile assortment. But with the club turning into an arena for gambling and other banned sports, questions of how the club will regain its past glory still remains at large, and nobody knows the answer to that. And now the worst of blows have hit the club as it has been raided by the police because it has turned into a gambling club and a casino. Our original goal is addressing the unmet security needs of commercial, industrial, institutional, residential and individual clients who recognize that today’s security needs cannot be met by traditional ‘rent-a-guard” services. The appellant reportedly went into service falsely claiming to have passed the BA exam. Without examining any witnesses, a Joint Secretary of the Ministry of Home Affairs conducted an investigation and presented a report stating that the charges against the appellant were substantiated.

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  • Having been aggrieved, the appellant preferred leave to appeal to the Appellate Division.
  • When the issue was referred to the Administrative Appellate Tribunal, it found that the order to be illegal and void.
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  • The recent crackdown on illegal casinos in the city exposed the perception that huge sums of cash are available with a number of people.

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And yet, such business practices are rampant, dodging our legal system and the cybercrime cell with much ease. In the process, a large number of people are falling victim to gambling addiction and other related crimes, not to mention siphoning off money outside the country. You was encouraged to choose other commission means when you request a withdrawal.

Alfaz awaits return of Mohammedans lost glory

Social media is continuously advertising gambling apps such as Lucky Win, Glory Casino, Rapid Cash, and Emirates Lottery, luring the young generation. According to the police official, these apps have appointed agents and dealers in Bangladesh.

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  • Two major incidents of online gambling scams recently came to the notice of law enforcers, but only after tens of millions of taka were lost.
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However, the order was challenged a year later, and it was held that the respondent had acquiesced in the order of retirement and was therefore barred from opposing it. When the issue was referred to the Administrative Appellate Tribunal, it found that the order to be illegal and void. However, the appeal was dismissed on the ground of ‘estoppel’ under section 115 of the Evidence Act, as the appellant sought for LPR and received all pecuniary benefits following the order’s issuance. Having been aggrieved, the appellant preferred leave to appeal to the Appellate Division. Formation of a strong team depends on the financial capability of the authorities. Teams who have better financial support would do better results.

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