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Wednesday, April 29, 2015, Baishakh 16, 1422 BS, Rajab 9, 1436 Hijr

Explain notice declaring 9 GB directors’ posts vacant: HC
Observer Online Desk
Published : Wednesday, 29 April, 2015,  Time : 10:13 PM,  View Count : 7
The High Court on Wednesday issued a rule asking the government to explain why its notice declaring the posts of nine elected directors of Greameen Bank vacant would not be declared illegal, reports UNB.

An HC bench comprising Justice Farah Mahbub abd Justice Kazi Ijarul Huq Akand issued the rule after preliminary hearing on a writ petition.

The court asked finance secretary, deputy secretary of Finance Ministry (Bank and Finance Division) and Grameen Bank to respond to the rule within 10 days.

On April 6, Tahsina Khatun, a former elected director of Grameen Bank, filed the writ petition with High Court challenging the legality of a government notice that declared the posts of nine elected directors of Grameen Bank vacant.

The Finance ministry sent the notice to the government-appointed chairman of Grameen Bank on March 30, saying the posts of its nine elected directors have become vacant since their three-year tenure expired on February 7 this year.

The notice said the chairman along with two other directors nominated by the government will now be sufficient to hold meetings of the board of the bank.


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