BB gets time till June 24 to submit list of loan defaulters
Published : Thursday, 16 May, 2019 at 6:14 PM Count : 298
The High Court has given Bangladesh Bank time till June 24 to submit a list of loan defaulters and money launders.
It also asked the central bank to inform about formation of a commission to determine irregularities and corruption in the banking sector for last 20 years.
An HC bench of Justice FRM Nazmul Ahsan and Justice KM Kamrul Kader passed the order on Thursday after hearing a writ petition.
Advocate Manzil Murshed represented the petitioner while Deputy Attorney General Barrister ABM Abdullah Al Mahmud Bashar stood for the state in the court.
The HC had earlier ordered the Bangladesh Bank to submit a list of loan defaulters and money launders.
It had also issued a rule asking why directives should not be given to form a strong commission to identify irregularities and corruption taken place in the banking sector in the previous years.
Secretaries to the cabinet division, the prime minister's office and finance ministry, the BB governor and the chairmen of the all state owned and private banks were made respondents to the rule.