Dhaka, May 17 -- Professor Abu Ahmed, Chairman of the Investment Corporation of Bangladesh (ICB), on Saturday termed the ongoing protests against the proposed division of the National Board of Revenue (NBR) into separate entities for tax policy and tax management 'unwarranted'.

"While legitimate demands can be placed before the government, protests driven by corrupt motives are regrettable," Prof Ahmed said.

He made the remarks while speaking at a shadow parliament event organised by Debate for Democracy at the Bangladesh Film Development Corporation (FDC), titled 'Increased Confidence of Development Partners Due to IMF Loan Disbursement'.

Reforming revenue management is a positive step for the economy, noting that many countries world...