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Bitcoin Runes’ debut stirred controversy with high fees and poor initial returns, but supporters say the tokens upgrade the Bitcoin network.

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Thailand’s former PM bullish on legalizing crypto, online gambling

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Thailand’s former PM bullish on legalizing crypto, online gambling

Former Thai PM Thaksin Shinawatra urges stablecoin adoption and online gambling legalization to boost Thailand’s revenue and innovation.

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Tulip Siddiq faces new corruption investigation in Bangladesh

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Tulip Siddiq faces new corruption investigation in Bangladesh

Anti-corruption minister Tulip Siddiq has been named by investigators in Bangladesh who allege she was involved in the illegal allocation of land to members of her family while serving as an MP.

Sky News has obtained an affidavit – or legal written statement – filed by the anti-corruption commission in Bangladesh that accuses Ms Siddiq and others of being involved in fraudulently obtaining plots in the diplomatic zone of a development near to the country’s capital Dhaka.

The document states: “While serving as a Member of the British parliament, it is known that [Ms Siddiq] exerted pressure and influence on her aunt, the former prime minister, to take measures for the allotment of plots in the same project in the names of her mother, Mrs Rehana Siddiq, her sister Ms Azmina Siddiq, and her brother Mr Radwan Mujib Siddiq.”

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Tulip Siddiq MP in 2019. Pic: Reuters
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Tulip Siddiq MP in 2019. Pic: Reuters

The director general of the Bangladesh Anti-Corruption Commission Akhtar Hossain told Sky News: “Tulip Siddiq and former prime minister of Bangladesh Sheikh Hasina misused… power to take the plot from the Purbachal New Town Project.”

Investigators allege that planning officials were bribed and pressured into fraudulently allocating land.

A Labour source said Tulip Siddiq totally refutes the claims and had not been contacted by anyone on the matter.

The source also said no evidence had been presented for the allegations.

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Tulip Siddiq is asked if she will step down but gives no indication one way or the other.

Tulip Siddiq had already been named in Bangladeshi court documents, also seen by Sky News, relating to alleged embezzlement from a nuclear power project in the country.

Labour sources suggested the accusations were not genuine.

That court claim was made by Bobby Hajjaj, a political opponent of Ms Siddiq’s aunt – the former Bangladeshi Prime Minister Sheikh Hasina.

Ms Hasina fled Bangladesh in August and resigned her post amid weeks of deadly protests.

The new government has since accused the previous Awami League administration of crimes and corruption while in office.

Read more:
What allegations is Tulip Siddiq facing?
Siddiq refers herself to ethics watchdog
Minister caught up in anti-corruption probe

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Shadow chancellor calls on PM to sack minister

Tulip Siddiq has come under increasing pressure over her links to her aunt’s political party, with Sky News revealing she boasted about her connections to the Awami League in blog posts from 2008 and 2009.

The anti-corruption minister has also been found to have lived in several London properties with links to alleged allies of her aunt’s regime.

Tulip Siddiq (far left) with her aunt, Sheikh Hasina (third left), and Russian President Vladimir Putin at a 2013 signing ceremony in the Kremlin as Moscow lent $1.5bn to help build a nuclear power station. File pic: AP
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Tulip Siddiq (far left) with her aunt, Sheikh Hasina (third left), and Russian President Vladimir Putin at a 2013 signing ceremony in the Kremlin as Moscow lent $1.5bn to help build a nuclear power station. File pic: AP

Conservative leader Kemi Badenoch has since called for her to be suspended as a minister.

The UK Anti-Corruption Coalition has also said Ms Siddiq should step aside from the money laundering and economic crime brief she currently holds.

“The clear conflict of interest surrounding Tulip Siddiq presents a key test for the new government… as anti-corruption experts, it is clear to us that she should not hold responsibility for these sensitive areas in her portfolio”, said Peter Munro, senior coordinator at the anti-corruption coalition.

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Robinhood to pay $45M in civil penalties to settle SEC charges

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Robinhood to pay M in civil penalties to settle SEC charges

The SEC order found that Robinhood Securities LLC and Robinhood Financial LLC violated more than 10 separate securities law provisions.

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