Concern over gold stock at BB`s vault must be clear

block
THE New Nation reported on Thursday that intelligence unit of National Board of Revenue (NBR) is weighing and checking the gold bullion stocked in Bangladesh Bank’s vault to verify whether or not any mismatch is taking place with the highly protected reserves. Anything is possible in this country. Almost all public banks were robbed by politically powerful persons and money removed abroad. Since the stealing of US$ 1001 million reserves of Bangladesh Bank from its New York vault by a powerful gang from within the central bank and abroad the possibility of gold heist can’t be ruled out any either.

The fact that NBR has taken the initiative following an anonymous letter claiming that a gang is stealing the gold reserve at BB’s vault replacing it with fake-gold like metals is quite sensational. Some senior government officials were found involved last year with contractors in a bid replacing gold from Liberation War heroes medal with gold like metals. Corruptions are high at every place and no place is safe from the hands of corrupt elements. However, we hope the claim this time should come out baseless, but we can’t also take the lead lightly.

We believe precautionary measures such as checking the gold stock at Bangladesh Bank should have come in the wake of the money heist from Bangladesh Bank’s vault. But even the delayed action is welcomed to make sure that the gold bullions are safe where the stock is believed to be pretty large alone from smuggled gold seized at Dhaka Airports and from such other drives.

block

It appears that the intelligence check is taking place over the past several weeks comparing the gold bars with stock register and verifying the accuracy of the gold. Trained goldsmiths are reportedly taking part in the probe. It is not necessary that NBR should break the secrecy right now but any attempt to conceal the truth like holding secret the money heist of Bangladesh Bank for a long time remains a cause of public concern. The government denial to release the Farashuddin Committee report on bank heist apparently concealing the identity of perpetrators within the central bank and outside is rightly adding to people’s concern. So much gold in the vault, it is natural the impunity of the thieves and the way the government leadership shielded the former governor of Bangladesh Bank from facing formal investigation is confusing everything. People are really at a loss who were the people behind it.

However we believe the caller of gold heist will prove wrong but it is incumbent on the government to remove the cloud of any such mischief now hunting people’s mind allowing uninterrupted verification and tell the nation whether or not anonymous caller was found true.

block