Union Bank’s bold Tk450cr financial manipulation

Bank conceals Tk292cr loss to report Tk162cr profit, hides S Alam Group’s loan issues October 27, 2025, 7:25am Last updated: October 27, 2025, 7:39am Highlights: Union Bank’s 2023 profit adjusted to a loss of Tk292 million. Same auditor uncovered discrepancies in profit reporting, leading to dividend cancellations. Previous management failed to disclose large debt defaults […]