political unrest
Ex-South Korean defense chief held amid Martial Law controversy
South Korean prosecutors have detained former Defense Minister Kim Yong Hyun in connection with the recent imposition of martial law, marking a significant development in a political crisis that has roiled the nation. Kim, who allegedly proposed the controversial decree to President Yoon Suk Yeol, was taken into custody on Sunday, making him the first high-ranking official detained over the incident, according to local media reports.
Kim voluntarily appeared at the Seoul Central District Prosecutors' Office, where his mobile phone was confiscated before being transferred to a detention center. Authorities also searched his former office and residence. Prosecutors and detention officials have yet to issue formal statements on the matter.
The detention comes days after President Yoon narrowly avoided impeachment, as his ruling People Power Party boycotted a parliamentary vote to prevent the opposition from reaching the two-thirds majority needed to suspend his presidential powers. Despite this, the opposition Democratic Party has vowed to file a fresh impeachment motion.
Martial Law and Political Turmoil
The martial law declaration earlier this week saw troops encircle the National Assembly and helicopters hover over the building, prompting immediate backlash. Parliament unanimously overturned the decree, forcing Yoon’s Cabinet to rescind it by early Wednesday morning.
Kim has been accused by opposition lawmakers of orchestrating the martial law order and directing troop deployments to the National Assembly. The Defense Ministry has suspended three senior military commanders implicated in the event.
Read: South Korean president apologises for imposing martial law
In a statement issued through the Defense Ministry, Kim took full responsibility for the military’s actions, stating, “All troops who performed duties related to martial law were acting on my instructions, and all responsibility lies with me.”
Charges and Investigation
The Democratic Party has labeled the martial law declaration an unconstitutional rebellion or coup, filing legal complaints against at least nine individuals, including Yoon and Kim. Under South Korean law, sitting presidents are mostly immune from prosecution, except in cases of rebellion or treason, leaving open the possibility of further investigations into Yoon’s actions.
Prosecutor General Shim Woo Jung confirmed plans to investigate rebellion charges following the opposition's formal complaints. Meanwhile, President Yoon issued an apology on Saturday, pledging accountability and promising not to pursue another attempt at martial law.
Political and Public Reaction
The martial law declaration—the first in South Korea in over 40 years—has plunged the nation into political chaos, drawing criticism domestically and internationally. Yoon justified the decree by accusing parliament of obstructing state affairs and harboring "anti-state forces."
Public sentiment appears to favor impeachment, with recent surveys showing widespread support for Yoon's ouster. His approval ratings have been further damaged by scandals involving himself and his wife, as well as criticism from his own party over the martial law imposition.
The crisis has alarmed South Korea's allies, including the United States and Japan, and deepened divisions within the ruling conservative People Power Party, which has so far resisted calls for Yoon's impeachment.
Read more: South Korean President Yoon under fire for Martial Law declaration
As protests intensify and political uncertainty grows, the detainment of Kim Yong Hyun marks a pivotal moment in South Korea’s ongoing political upheaval.
Source: With inputs from agencies
2 weeks ago
Lax hartal underway with regular traffic on the streets
The daylong hartal, called by BNP to protest the schedule for the next national election, is underway in a lax manner.
BNP called the hartal on the last date for submitting nomination papers to contest the 12th parliamentary polls.
The hartal started at 6 am and will end at 6 pm today (November 30, 2023).
Two covered vans were set on fire by miscreants in Gazipur.
BNP to enforce daylong hartal Thursday
Despite fear of arson attacks, a number of vehicles including public transport were seen plying the city streets.
Additional police were seen performing their duties at all key points of Dhaka.
The opposition parties’ shutdown is meant to register their protest against the schedule for the next national election announced by the Election Commission (EC), and to mount pressure on the government to quit, hold the next election under a non-party neutral government and release the opposition leaders and activists, including BNP Secretary General Mirza Fakhrul Islam Alamgir.
BNP to enforce blockade Wednesday, hartal Thursday
The 24-hour blockade called by the opposition parties on Wednesday was marked by stray incidents of arson attacks on vehicles.
The opposition parties have so far observed blockades in eight phases.
1 year ago
Petrol bomb thrown at goods-carrying truck in N’ganj, helper burnt
Helper of a truck suffered burn injuries from a petrol bomb attack in Narayanganj’s Sonargaon area on Tuesday (November 28, 2023) night.
Md Saimon, 20, is currently undergoing treatment at Sheikh Hasina National Institute of Burn and Plastic Surgery.
Miscreants hurled a petrol bomb at the truck at Singlabo area, said Sheikh Billal Hossain, additional superintendent of police in Narayanganj.
Bus set on fire in Gazipur during 24-hour blockade
Police are working to identify the arsonist, he said.
The tiles-carrying truck was on its way to Sirajganj from Sonargaon’s Meghnaghat area through the Asian Highway.
Car torched, bombs exploded at the house of Feni BNP leader
The truck driver managed to get down quickly, and several parts of the truck were burnt.
Locals rescued the helper and rushed him to hospital.
On information, police rushed to the spot and extinguished the fire with the help of locals.
Crude bombs explode near Sitakunda AL leader’s house
1 year ago
6th blockade: 232 BGB platoons, 432 RAB patrol teams deployed across the country
To maintain law and order across the country during the ongoing 48-hour road, rail and waterways blockade, a huge number of Border Guard Bangladesh (BGB) and Rapid Action Battalion (RAB) personnel have been deployed.
According to a media release issued by BGB headquarters, a total of 232 platoons of BGB have been deployed across the county.
231 BGB platoons deployed across country on day 2 of hartal
Meanwhile, a total of 432 patrol teams of Rab have been deployed across the country to resist untoward incidents during the blockade.
Besides, the elite force is also overseeing the security of buses and goods-carrying vehicles on the long routes during the blockade.
The intelligence teams are also keeping vigil on bus stands, train stations and other important places to prevent violence and sabotage.
235 BGB platoons deployed across the country as hartal starts
1 year ago
Police foil miscreants’ attempt to derail train in Narayanganj ahead of blockade
Police foiled a sabotage attempt of miscreants to derail a train in Fatullah on Dhaka-Narayanganj route, ahead of the latest 48-hour road-rail-waterway blockade across Bangladesh called by BNP, Jamaat and like-minded opposition parties.
Mokhlesur Rahman, sub-inspector of Narayanganj Government Railway Police, said miscreants attached a heavy iron plate to the rail line at Kotolerbagh in an attempt to derail the train.
Locals first noticed it and informed police through the national emergency number 999.
562 arrested by RAB on charges of sabotage since Oct 28
On information, police rushed to the spot and removed the iron plate from the rail line.
Police are trying to arrest those involved in the sabotage attempt, he said.
RAB arrests 4, including Sramik Dal leader, from Dhaka's Jatrabari in sabotage case
1 year ago
Day 2 of hartal underway with regular traffic on Dhaka streets
The second day of the countrywide 48-hour hartal, called by BNP, Jamaat and like-minded opposition parties, protesting the general election schedule, is underway.
This is the first hartal being observed by the opposition parties since the Election Commission announced the polls schedule.
The ongoing hartal will end at 6 am tomorrow (November 21, 2023).
The presence of public transport on Dhaka roads seems usual this morning despite heightened tension and fear of violence.
Read: First day of hartal ends amid sporadic incidents of violence, arson
BNP, Jamaat and likeminded opposition parties called the hartal after they had earlier observed five countrywide blockades of roads, rail and waterways. The blockades were marked by frequent burning of vehicles, particularly buses, in Dhaka and elsewhere in the country.
The presence of law enforcement personnel at several points in Dhaka is higher this morning compared to the blockades.
The first day of the hartal, yesterday, was marked by sporadic incidents of arson attacks and clashes.
According to reports, ten people were injured in a clash between police and BNP in Sunamganj while a primary school and a number of vehicles including a train were torched yesterday across the country.
Read: BNP, allies hold rallies to mark hartal in different parts of capital
A total of 235 platoons of Border Guard Bangladesh (BGB) and 460 patrol teams of Rapid Action Battalion (RAB) were deployed in Dhaka and elsewhere in the country to maintain law and order during the hartal.
Earlier on Saturday, BNP leader Ruhul Kabir Rizvi called upon people from all walks of life and opposition leaders and activists to observe the hartal peacefully and make it a success.
1 year ago
48-hour hartal called by BNP, others begins amid fear of violence
A 48-hour hartal — called by BNP, Jamaat and like-minded opposition parties — protesting the general election schedule announced by the Election Commission (EC) is underway from this morning (November 19, 2023) amid fear of violence.
This is the first hartal being observed by the opposition parties since the EC announced the polls schedule.
BNP, Jamaat and other opposition parties called the hartal after they had earlier observed five countrywide blockades of roads, rail and waterways. The blockades were marked by frequent burning of vehicles, particularly buses, in Dhaka and elsewhere in the country.
The presence of law enforcement personnel at several points in Dhaka is higher today compared to the previous blockades.
Read more: 'Scrap polls schedule, create atmosphere for fair election first': BNP
Number of public transport on Dhaka streets was fewer than that during the blockades. Many were seen heading towards their destinations on foot amid heightened tension and fear of violence.
Rickshaws are dominating Dhaka streets while a few private vehicles are on the road.
Unidentified arsonists set seven vehicles on fire, including a passenger train, in Dhaka and across the country between 7 pm last night and 6 am today, ahead of the 48-hour countrywide hartal.
Three buses were torched in the capital’s Gulistan, Dhanmondi and Mirpur areas last night.
Read more: Jatiya Party to decide on joining or boycotting polls within a couple of days:Chunnu
One bus each in Cumilla and Chattogram and a pickup van in Joypurhat were also set on fire ahead of the hartal.
Arsonists set three compartments of ‘Jamuna Express’ train on fire in Sarishabari upazila of Jamalpur early today.
Miscreants exploded three crude bombs in front of the residence of Dhaka University vice chancellor last night, spreading panic among students.
At a press briefing yesterday, BNP leader Ruhul Kabir Rizvi called upon people from all walks of life and opposition leaders and activists to observe the hartal peacefully and make it a success.
Read more: 12th JS election: Shakib buys AL nomination forms for 3 different constituencies
1 year ago
Over 9 arson attacks reported every day on average since Oct 28: Fire Service
On average, more than nine arson attacks have been reported across Bangladesh every day between October 28 and November 13, Fire Service and Civil Defense said today (November 14, 2023).
"A total of 154 arson attacks were reported across the country during this period, leaving 5 people injured,” said Talha Bin Jashim, station officer of the Fire Service and Civil Defence's media cell.
Of these, 82 arson attacks were in Dhaka city, he added.
Read: Fire Service records 9 arson attacks in the country in 10 hrs
According to the fire service, out of 154 arson attacks across the country, 116 incidents occurred in Dhaka division, 14 in Chattogram, 9 in Rajshahi, 6 in Barishal, 6 in Rangpur, 2 in Khulna and 1 in Mymensingh division.
No arson attacks were reported in the Sylhet division during this period.
A total of 94 buses, 3 microbuses, 2 private cars, 8 motorcycles, 13 trucks, 8 covered vans, 1 ambulance, 2 pickup trucks, 2 CNG-run autorickshaws, 1 human hauler, 1 Laguna, 1 fire service water truck, 1 police van, 5 BNP offices, 1 Awami League office, 1 police box, 1 councilor office, 2 electricity offices, 1 bus counter, and 2 showrooms were burnt during this time, according to fire service.
Read: Two passenger buses set on fire in Dhaka on eve of fresh 48-hr blockade
According to the statistics, the highest, 29, arson attacks happened on October 28.
Analyzing the incidents, the fire service found that there were more arson attacks during the night (6 pm to 6 am) compared to daytime.
Between October 28 and November 13, 61 fire incidents occurred during the day and 93 during the night.
1 year ago
Small investors’ woes in capital market unlikely to end before national polls: Analysts
Small investors in the stock market are frustrated as their wait for a good time gets delayed by the Bangladesh’s ongoing political unrest.
The political impasse over who should oversee the upcoming national polls is thwarting the stock market’s recovery from Covid-19 pandemic and the Ukraine-Russia war.
The small investors’ shares are stuck on the floor price (minimum sale rate) and overall economic downfall. This has been painful for many unfortunate small investors of the capital markets, according to market analysts.
Policymakers and the Bangladesh Securities and Exchange Commission (BSEC) paint a rosy picture for small investors saying that stock markets will rebound with enlistment of new companies and injection of big investments. But the situation for the small investors seems to be hopeless.
Read: Economy buffeted by political unrest amid declining forex reserves: Analysts
A large number of shareholders have remained stuck with their investment in the capital market for over a decade amid fading hopes.
“No one, not even the regulator or stock market authorities pay heed to their screams,” Abdul Latif, a grocery owner and one of the affected investors, told UNB in a broken voice. He said he invested Tk13 lakh in 2011 to buy shares of different companies listed in Dhaka Stock Exchange (DSE).
After graduation in 1998 Latif found no suitable job and then started a small business in the Motjheel area in 2002 with support from his father-in-law. He made a good profit in the business and invested money in the share market.
In 2010 Latif invested around Tk13 lakh of which 5 lakh was his own and 8 lakh borrowed from relatives. All of his investment was stuck in shares of different companies due to a big scam in the capital market in 2011.
Read: Govt aims to collect 11.2% of GDP in taxes by FY 2025-26
Like Latif, thousands of investors lost their hard-earned capital in 2011, and after that, some were able to gain part of the capita. But most of them left the capital market losing nearly all investment.
Many of such investors are still in the market hoping for a rebound in the DSE, but without any good news.
There is no sign of lifting the floor price before the next election. However, economists say that people do not have confidence in the market. BSEC advises investors to be patient until the general election is held by January next.
Dr ABM Mirza Azizul Islam, an economist and a former adviser of a caretaker government, told UNB that there has been a crisis in investors' confidence in the stock market for a long time.
“To this are added various economic crises, the international situation, and everything including elections and national politics,” he said.
Read: Despite challenges, govt hoping to restore economy’s pre-Covid momentum in current fiscal
As a result, first of all, steps should be taken to eliminate the trust crisis. In this case, trust should be ensured by establishing good governance, he said.
That is, the investors have to be given the assurance that if someone steals their money through manipulation, they will be prosecuted. Besides, the supply of good shares should be increased. Through these two steps, it is possible to eliminate the market problem. But it is not easy at all, said Dr Azizul Islam.
Dr Abu Ahmed, former professor of Dhaka University’s Economics Department, said there are two crises in the market: one on the demand side and the other in investor confidence.
On the supply side, the problem is that there are fewer good companies. As a result, it is a win-win situation for manipulation and syndicates, he said.
Read: Country’s first electrical testing laboratory on the cards
All in all, the stock market is currently in an unstable condition and gradually the situation is getting worse. The passage from here is very difficult, he said.
According to market insiders, the stock market situation is in a dire. The situation is not improving due to political uncertainty ahead of national elections, increases in commodity prices, and various international issues.
The market has lost its importance to the government as well. For those who are not directly involved with government policymakers, the stock market is a source of irritation.
Their thinking is like this - if there is no stock market, there will be no problem in the country. For these reasons, the government wants to hold the market with floor prices until the next national election. This brings an opportunity for syndicates blessed by the regulatory body to be controlling the market, the market insiders said. They spoke on condition of anonymity.
BSEC Chairman Professor Shibli Rubayat Ul Islam told UNB in this regard that the global situation is not in the hands of the regulator or the government. Investors should beware of investing with any company depending on rumours.
He also said due to a lack of financial literacy, people are sometimes investing in weak shares with an expectation of big profit which is not the right way of investment.
Read: BSEC sits with stock market stakeholders Thursday after drastic fall of share prices
1 year ago
BNP, like-minded parties to enforce 5th spell of 48-hour blockade from Wednesday
After giving a pause for a day, the BNP and like-minded parties will again enforce a 48-hour countrywide road-rail-waterway blockade beginning from Wednesday (November 15, 2023) to mount pressure on the Awami League government to quit power and hold the next election under a non-partisan administration.
BNP Senior Joint Secretary General Ruhul Kabir Rizvi announced the programme at a virtual press briefing on Monday afternoon.
He said the other opposition parties, who have long been carrying out the simultaneous movement with BNP, also observe a similar programme.
Read: BNP-Jamaat's blockade: 189 BGB platoons deployed across the country
Rizvi said the blockade programme will be observed from 6am Wednesday to 6am Friday across the country. It will be the fifth phase of the blockade programme of the opposition parties.
The BNP leader said their ongoing blockade was successful with the spontaneous support of the country’s people.
He thanked the leaders and activists of BNP and like-minded parties to make the blockade programme a success.
The fresh agitation was announced around 14 hours before the end of the opposition’s 48-hour nationwide blockade that was enforced at 6am on Sunday. The ongoing blockade has been marked by widespread incidents of violence, including torching and vandalising vehicles.
Read: The ones bearing the brunt of blockades
BNP and other opposition parties, including Jamaat-e-Islami, have been enforcing blockades across the country in fourth phases since Oct 31.
They also observed a nationwide dawn-to-dusk hartal on Oct 29 in protest against the attacks on BNP’s grand rally at Nayapaltan that ended amid the incidents of torching vehicles and clashes, leaving three people dead.
Half an hour into the start of BNP's much-talked-about grand rally at Nayapaltan on October 28, BNP leaders and workers locked in a clash with the ruling party activists and police at Kakrail. Soon violent clashes spread around Nayapaltan, foiling the rally midway.
Read more: Day 2 of 4th blockade called by BNP, Jamaat underway
1 year ago