![]() “As we are loyal to the prime minister’s zero-tolerance policy, we did not follow the path to give illegal gratification to the IDRA chairman,” Ahsan said in the press conference on Sunday. If not paid, he would get journalists to write against Delta Life and appoint an administrator.Ī day later, after the Delta Life management did not respond to the call for the kickback, the IDRA chairman rejected the renewal of the CEO's contract. If the amount is paid, Hossain would renew the CEO's contract, improve the actuarial basis and wave the fines. On November 14, Awal again met with Hossain at his residence and recorded the conversation, in which he demanded Tk 50 lakh. ![]() The IDRA chairman, who was previously a senior officer at Delta Life Insurance, then brought down the amount allegedly to Tk 1 crore and later to Tk 50 lakh.Īfter the meeting, Awal informed the matter to the Delta Life top management, who directed him to initiate another conversation with the IDRA chairman and record it. Abdul Awal, an executive of the 35-year-old insurer, in which the IDRA chairman can be heard soliciting a bribe of Tk 50 lakh.Īs per the written document of the company, on November 13, Hossain called Awal to his house and demanded Tk 2 crore as bribe for renewing the contract of CEO, Adeeba Rahman, and approving the actuarial basis of the insurer for 2019.īut the Delta Life employee responded in the negative. In a media briefing on Sunday, Chowdhury Qamrul Ahsan, executive director of Delta Life Insurance, made the claim by presenting an audio clip between Hossain and Md. Mosharraf Hossain pertaining to renewing the contract of its chief executive officer along with other regulatory approvals. This comes after the insurer on Sunday has brought an allegation of bribery involving Tk 50 lakh against the IDRA Chairman M. We were supposed to respond to the show-cause notice today but they did not give us that opportunity,” said a statement from the company. We earlier sensed that the IDRA is going to appoint an administrator to harass the company. “For the sake of policyholders, we are here today. However, in a virtual press conference on the day, the Delta Life Insurance management claimed the appointment was unlawful and intentional. In a statement, Delta Life acknowledged the appointment of the administrator. Molla will work with the company as per the insurance laws. “My main responsibility is to protect the policyholder interest and stop the anomalies,” Molla told Dhaka Tribune, adding that he has already started work. Sultan-ul-Abedine Molla, a former member of IDRA, has been appointed the administrator as per section 95 of the Insurance Act 2010. The Insurance Development and Regulatory Authority (IDRA) on Thursday dispatched an administrator to the Delta Life Insurance Company to protect policyholders after a special audit found financial irregularities in the country’s oldest insurer. I just wanted to highlight, and give them a little bit of a background as to who they are, and where they came from and just broaden horizons.Sultan-ul-Abedine Molla, a former member of IDRA, has been appointed the administrator as per section 95 of the Insurance Act 2010 Or the meaning of the street it was named after. A lot of times you do not understand what you’re riding past the street. “We’re just keeping it going, keeping the movement going with educating the kids, the youth of Atlanta, exposing them to the history they might not be aware of. Hawkins has been one of the leaders of the Black History Month run in Atlanta and his native Augusta who is looking to keep Black History alive in Georgia in the way he knows best, running. Hawkins is a native of Augusta and the founder of the mental health initiative Run With E, an effort to address mental health through running. In the six years since the start of the annual Black History Month run, it expanded to include a second run in Augusta Georgia, led by fellow club member Ernest Hawkins. The run consists of stopping at several sites on Auburn Avenue including Ebenezer Baptist Church, Wheat Street Baptist Church, Odd Fellows Building, the Atlanta Life Insurance building, Apex Museum, and Auburn Avenue Research Library to name a few.
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