One must ask: how does the government expect to implement proper corrective measures without bringing in full transparency?
Investigators sitting on information about Dubai real estate purchase despite HC order
As of September 2022, NPLs have soared over Tk 134,000 crores.
Bangladesh Bank, which is supposed to oversee the governance of the country’s financial institutions, has rather supported these irregular activities through its policies and actions.
As a result of the game of secrecy of the real beneficiaries, those involved in banking sector corruption and money laundering have hardly been brought to justice.
Investigation into financial irregularities the first step forward
There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.
Lack of accountability and the culture of impunity destroyed governance from within.
Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.
One must ask: how does the government expect to implement proper corrective measures without bringing in full transparency?
Investigators sitting on information about Dubai real estate purchase despite HC order
As of September 2022, NPLs have soared over Tk 134,000 crores.
Bangladesh Bank, which is supposed to oversee the governance of the country’s financial institutions, has rather supported these irregular activities through its policies and actions.
As a result of the game of secrecy of the real beneficiaries, those involved in banking sector corruption and money laundering have hardly been brought to justice.
Investigation into financial irregularities the first step forward
There are rumours in the market that a highly politically powerful business group is going to take over the ownership of the bank from S Alam Group.
Lack of accountability and the culture of impunity destroyed governance from within.
Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
