The shady world of 'int'l awards' for Bangladeshi business leaders | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 18, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 18, 2025
The shady world of 'int'l awards' for Bangladeshi business leaders

Panorama

Masum Billah
05 September, 2023, 12:05 pm
Last modified: 05 September, 2023, 12:58 pm

Related News

  • Grameen Jibon: A business born from soil, memory, and the scent of home
  • NBR officers should captain revenue authority, businesses tell finance adviser
  • Business leaders demand resolution to NBR deadlock today, warn of daily Tk2,500cr trade disruption
  • Businesses alarmed as NBR stalemate deepens
  • Excess tax hike leads to tax evasion: Business leaders

The shady world of 'int'l awards' for Bangladeshi business leaders

There are numerous entities and forums that target business leaders in Bangladesh to give them various ‘excellence awards’. In case someone is interested in having one, an award might eventually be given, but they are asked to pay a hefty amount in the name of registration, accommodation and other fees

Masum Billah
05 September, 2023, 12:05 pm
Last modified: 05 September, 2023, 12:58 pm
Illustration: TBS
Illustration: TBS

Salahuddin Mahmud, managing director of Young Labels Ltd, was selected for the 'Manager of the Year and Best Enterprise' award. An organisation named 'Achievements Forum' emailed him, saying, "You have been selected as the winner of the Manager of the Year award, while Young Labels Ltd is nominated for the Best Enterprise prize."

The email further read that the award recognises CEOs, company owners and top-level managers who have contributed to the success of their companies through advancing the best management practice and delivering high-quality services for employees and customers.

They said they would bestow him with the honour at an annual 'international' event, and asked him to contact them for 'registration'. 

Salahuddin found the email ludicrous.  

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

A businessman with several decades of experience, this is not the first time he was offered an award out of the blue. He has been receiving such offers since the time when they would come in the form of printed letters. 

"I continuously receive such emails saying that they want to give me some quality award… that they selected me out of 10 people… you don't know anything about me [and yet you are offering such awards], there should be a limit to such nonsense," he said.  

"If these people knew me, then perhaps it was alright. But they don't know anything about me, yet they are offering me an award and knocking me continuously. They are also knocking a lot of others," he added. 

There are numerous entities and forums that target business leaders in Bangladesh with various 'excellence awards'. In case someone is interested in having one, an award might eventually be given, but they are asked to pay a hefty amount in the name of registration, accommodation and other fees. 

After interviewing other business leaders, we came to know that they also come across such emails, and occasionally, they fall for them. 

"Many organisations send emails like this," said a director of BGMEA who is also a director at one of Bangladesh's largest conglomerates that manufactures textiles and clothing, adding, "mentioning that I have won an award. I simply delete them." 

He said sometimes groups nudge him in the office as well. "I don't let them enter." 

He shared with us an email he recently received from one such group based in India that offered him a "quality excellence award", which they would give him during a programme in Singapore. 

The email read that the group identifies awardee based on their "strategic vision, future orientation, track record, a high degree of integrity towards innovation, ability for sustainable, time and cost of implementation, and innovative practices." 

And similar to Achievements Forum, they offer him, despite not knowing anything about him or his work, a quality award. The email mentioned that they were "extremely pleased to inform you that our management would like to honour YOU (capitalised and in the colour red, also highlighted in yellow) with the Quality Leadership Award citation." 

But to begin with the process, he would have to register and this is where basically the gimmick starts. 

To make everything more believable, they said, "The event is purely conducted with respect and passion. The certification cost is $500. This is the only cost that needs to be paid by you."

"Each awardee is requested to make the travel and accommodation arrangements at their own cost," they added.  

Those who come across such emails said that the groups, in their emails or secondary stages, mention that awards will be provided in European cities like Geneva or England and ask the candidates to pay €3,000 to €5,000 for accommodation and other costs. 

"It is entirely an award selling scheme," Salahuddin said. "Many of our business people end up spending this money unintentionally. But some think of these as branding advantages. I have seen several people from Bangladesh going there [European cities] and spending their money. After they return, they advertise their achievements on papers with photos of receiving the award while wearing bowties." 

"I even saw one person exhibiting the award photos in billboards in Ashulia. This entire thing is a trap and fraud," he added. 

For groups who offer such awards, the profit is generated from the fees they take from the awardees. According to insiders, if they can amass half a million euro or dollar in registration and other fees, a huge amount may remain as profit after spending some on awards and events. 

Accessing the contact information of business leaders is easy in Bangladesh as they are available in various directories online. 

We asked Salahuddin how business leaders can keep themselves safe from these award sellers. 

"It is very simple," he replied. "If they don't understand the scam, they better not do any business with them at all." 

He called upon the embassies in Bangladesh to be aware of such scams conducted by groups operating in the West. "Because we are third world countries, when anything goes wrong, the first world countries blame us at first. The embassies should be informed that people in their countries are doing these, and ask them to stop these," he opined.

Features

business leaders / business

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: Collected
    Prices of broiler chicken, onions see a rise in Dhaka markets
  • Chief Adviser Muhammad Yunus and SpaceX Vice President Lauren Dreyer after a meeting at state guest house Jamuna on 18 July 2025. Photo: Focus Bangla
    SpaceX VP Lauren Dreyer praises Bangladesh's efficiency in facilitating Starlink launch
  • Soldiers sit atop an APC after armed forces were deployed, following a clash during a National Citizen Party rally, in Gopalganj, Bangladesh. Photo: REUTERS
    Gopalganj unrest: Case filed against over 400 including banned AL, BCL supporters, 45 held so far

MOST VIEWED

  • Obayed Ullah Al Masud. Sketch: TBS
    Islami Bank chairman resigns
  • GP profit drops 31% in H1
    GP profit drops 31% in H1
  • Illustration: TBS
    Cenbank recognises 10 banks, 2 NBFIs as sustainable financial institutions
  • Rohingya refugees queue for water in a camp near Cox’s Bazar. File Photo: REUTERS/Mohammad Ponir Hossain
    Rohingyas start internal civil society polls in Cox's Bazar to form rights body
  • Around 99% of the cotton used in Bangladesh’s export and domestic garment production is imported. Photo: Collected
    NBR withdraws advance tax on imports of cotton, man-made fibres
  • Illustration: TBS
    FY26 monetary policy: To ease when is the question

Related News

  • Grameen Jibon: A business born from soil, memory, and the scent of home
  • NBR officers should captain revenue authority, businesses tell finance adviser
  • Business leaders demand resolution to NBR deadlock today, warn of daily Tk2,500cr trade disruption
  • Businesses alarmed as NBR stalemate deepens
  • Excess tax hike leads to tax evasion: Business leaders

Features

Illustration: TBS

20 years of war, 7.5m tonnes of bombs, 1.3m dead: How the US razed Vietnam to the ground

17h | The Big Picture
On 17 July 2024, Dhaka University campus became a warzone with police firing tear shells and rubber bullets to control the student movement. File Photo: Rajib Dhar/TBS

17 July 2024: Students oust Chhatra League from campuses, Hasina promises 'justice' after deadly crackdown

1d | Panorama
Abu Sayeed spread his hands as police fired rubber bullets, leading to his tragic death. Photos: Collected

How Abu Sayed’s wings of freedom ignited the fire of July uprising

2d | Panorama
Illustration: TBS

Open source legal advice: How Facebook groups are empowering victims of land disputes

3d | Panorama

More Videos from TBS

Air India cockpit recording suggests captain cut fuel to engines

Air India cockpit recording suggests captain cut fuel to engines

38m | TBS World
Case filed against 500 unidentified individuals in Gopalganj violence; 45 arrested

Case filed against 500 unidentified individuals in Gopalganj violence; 45 arrested

1h | TBS Today
Why the conflicting claims over Gopalganj autopsies?

Why the conflicting claims over Gopalganj autopsies?

18h | TBS Stories
Gopalganj violence in international media

Gopalganj violence in international media

18h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net