Saturday | 15 February 2025 | Reg No- 06
বাংলা
   
Saturday | 15 February 2025 | Epaper
BREAKING: Mirza Fakhrul expects national election after minimum reforms      No local govt elections before national elections: Partho      BNP leaders would face execution if Hasina stayed: Rizvi      CA pledges collective effort to fulfill July uprising's dream      Consensus Commission's first meeting begins      Israel receives 3 hostages in exchange for more than 300 Palestinians      3-day DC Conference to begin Sunday, Prof Yunus to inaugurate       

BB files case against Nagad

Published : Tuesday, 4 February, 2025 at 7:49 PM  Count : 482


Bangladesh Bank (BB) has filed a case with Motijheel Police Station against Nagad Ltd, alleging that the company was involved in financial irregularities. 

Arief Hossain Khan, executive director of the central bank, confirmed it, reports BSS.

He said the lawsuit named 24 individuals, including nine officials from the Bangladesh Post Office. 

After the interim government took power in August 2024, Bangladesh Bank appointed an administrator at Nagad due to concerns over operational irregularities.

The administrator's investigation revealed several alleged discrepancies, most notably a Taka 600 crore shortfall resulting from the creation of e-money without corresponding cash backing—a serious violation in the financial sector.

Additionally, unauthorized withdrawals totaling approximately Tk 1,711 crore were identified from 41 distribution accounts designated for government allowances.

These findings have prompted the central bank to pursue legal action to address the alleged misconduct and uphold financial integrity.

MB


LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: [email protected], news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝
close