BB`s irregular audit responsible for hacking, says Dr Akbar Ali

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Staff Reporter :Former adviser to the Caretaker Government Dr Akbar Ali Khan has said that the Bangladesh Bank (BB) must have an audit and internal control system of its internet banking activities to prevent the online hacking. “Due to lack of regular audit and internal control system, the hackers got the access to the BB’s computer servers and steal money form its reserve account maintained with the Federal Reserve Bank of New York,” he added. Akbar Ali Khan said the central bank should carry out such audit round the clock to prevent its servers from hacking.  “BB should concentrate more to protect the online banking system and tighten its internal control system to stop the recurrence of such incidents in future,” Akbar Ali Khan said this in a television talk show on Saturday. He further said that the BB failed to take stern action against those people who were involved in the incident. “Even the bank did not work properly to get back the hacked money.” “It has provided divergent information to the people regarding the scam which created misconception about the incident. Even the people remained in dark about the real fact. Such a malpractice tarnished the image of the central bank at home and abroad,” he added.Commenting on the recent scams in the banking sector, Akbar Ali Khan said, “The total banking system has been collapsed because of large loan scams and irregularities in sanctioning loans. An influential quarter has already swindled a big sum of money from the country’s banking system leaving it into a deep trouble”. The government must start a trial against the swindlers to get bank the money. Otherwise, he said, it will leave an adverse impact on the national economy.

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