It certainly seems so from the actions of the Bangladesh Bank, as it has given AnonTex the green-light to take more loans from other state-owned banks, after it had borrowed Tk 5,500 crore from Janata Bank through serious irregularities, and defaulted on Tk 557 crore loans with the bank.
In a gross violation of the banking rules, the United Commercial Bank has allegedly waived a director-related loan for less than one-fifth of the principal amount without Bangladesh Bank's approval.
It certainly seems so from the actions of the Bangladesh Bank, as it has given AnonTex the green-light to take more loans from other state-owned banks, after it had borrowed Tk 5,500 crore from Janata Bank through serious irregularities, and defaulted on Tk 557 crore loans with the bank.
In a gross violation of the banking rules, the United Commercial Bank has allegedly waived a director-related loan for less than one-fifth of the principal amount without Bangladesh Bank's approval.
