Regulatory authorities are used to enforce rules. If companies don't adhere to them then enforcement authorities try and bring them in line with fines and other court orders.
Every government in the world always talks about creating jobs. Even more so in Bangladesh. So instead of punishing the company for non-performance (if that is true) the Bengali authorities go and close it down. All those jobs down the drain (Although the concept of a drain in Bangladesh is basically the footpath!!!!).
It's not just Chanel 1 employees affected. The supporting industries such as marketing, graphics, sound, studios will also be hard done by what to me seems like a political move.
Why do I think that? Well the owners are Giasuddin Mamun & Tareq Rahman (sorry I will wash out my mouth for mentioning such corrupt words after this blog).
The move hasn't affected the corrupt owners as much as they are rich enough from their theft from the BD public. Besides Ms Zia's son is still trying to fix his spine in a private hospital in London from the beating uncle Moin and uncle Bari gave him for being a naughty boy (a child without a father can become very troublesome).
My main concerns are firstly economic and secondly freedom of speech. We have just lost another media outlet.
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