EVERY year on the occasion of Eid-ul Azha, enough negotiations are made between Finance Ministry and Tannery entrepreneurs in respect of securing Bank loans at a lower interest rate so as to finance the purchase of hides and skins. Excelsior Shoes, Mark BD Shilpa, Legacy Foot, Samata letter etc. could manage millions of taka as share capital which is interest-free till eternity through sale of shares among the public. These public limited companies (PLC) did not pay any dividend to shareholders for years and today Excelsior shoes share is worth Taka six, I repeat taka six only, in share markets. Some audit firms do perform audit jobs and certify in the form of audit terms like book value for share or shareholder's equity and so on. It is time to punish those audit firms while fraudulent PLC's need tackling by applying murder methods. Sadiq Alee Katghar, Petenga Chittagong
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