The banking regulator found the involvement of Md Abdul Jalil, independent director and executive committee chairman of the bank, in the loan irregularities.
Security officials at Chattogram Shah Amanat International Airport today detained a man said to be a close aide of the controversial business group S Alam, in connection with the Islami Bank loan scam. He was taken from a Dubai-bound flight.Md Ansarul Alam Chowdhury, managing director of Inheren
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.
Information about S Alam Group has bought a bank with money from another lender and taken controlling stakes in other banks is surfacing now, but people in the banking sector and involved in economic policy-making knew about the developments, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.
The banking regulator found the involvement of Md Abdul Jalil, independent director and executive committee chairman of the bank, in the loan irregularities.
Security officials at Chattogram Shah Amanat International Airport today detained a man said to be a close aide of the controversial business group S Alam, in connection with the Islami Bank loan scam. He was taken from a Dubai-bound flight.Md Ansarul Alam Chowdhury, managing director of Inheren
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.
Information about S Alam Group has bought a bank with money from another lender and taken controlling stakes in other banks is surfacing now, but people in the banking sector and involved in economic policy-making knew about the developments, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.
