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Sonali Life Chairman refutes media report against his company, registers protest
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Sujon sheel for DOT:
MG Quddus, the newly elected Chairman of Sonali Life Insurance Company Limited has termed a recent news report, published in a daily newspaper, as baseless and registered his protest against it. The Sonali Life Chairman, in a press release, has given clarification and addressed the concerns raised. MG Quddus states that the allegations made against him occurred during a period when he was not a shareholder, director, or chairman of Sonali Life Insurance Company Limited. Notably, he was elected to the position of Chairman on October 28, 2023, prior to which he had no involvement in the decision-making processes of the company and had only become a Director of the Company in September 2021. Having a rich entrepreneurial background spanning several decades and being the former president of BGMEA, Mr. Quddus brings a wealth of experience to the company. In 2023, upon noticing discrepancies in company operations, he initiated an internal inquiry to safeguard the interests of stakeholders. This inquiry uncovered a group within the company with vested interests, leading to resignations of key members who were found to be involved in tampering, forgery and manufacturing important documents. Also, to be noted that, a news article has presented a document claiming to be a Memorandum of Understanding (MOU) between the building owner and Sonali Life Insurance Company. Mr. Quddus categorically states that the document displayed in the news article is fake. The authentic MOU, contrasts starkly with the fabricated version, which purportedly bears a false date of October 5th, 2021, bearing postdated stamp paper, which is also a void document. Furthermore, the misrepresented document falsely indicates a space for purchase/sell of the property, measuring 58,800 square feet.
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