Staff Reporter :
The High Court (HC) on Wednesday asked the authorities concerned to prepare a list of loan defaulters and money launderers of the last 20 years and submit it to the court.
The HC also issued a rule asking the authorities concerned to explain as to why necessary order should not be given to form a powerful commission to identify irregularities and corruption in the banking sector in the previous years.
The bench of Justice F R M Nazmul Ahasan and Justice K M Kamrul Kader passed the order and issued the rule after primary hearing on a writ petition filed by a Supreme Court lawyer, Advocate Manzill Murshid, on behalf of Human Rights and Peace for Bangladesh (HRPB), a rights organization, to stop irregularities and corruption in the banking sector.
Secretaries to Prime Minister’s Office, Cabinet, Ministry of Finance, Bangladesh Bank Governor and Chairmen and Managing
Directors of all government and private banks have been made respondents to the rule.
Advocate Manzill Murshid appeared in the court on behalf of the HRPB, while Deputy Attorney General A B M Abdullah Al Mahmud Bashar stood for the state.
During the hearing, the court said, a vulnerable situation has already been created in the government and private banking sector in Bangladesh. Necessary steps should be taken to stop all irregularities for reviving the economy and taking it to a strong position.
Earlier, on January 23, 2019, a legal notice was served asking the authorities concerned to conduct an inquiry into irregularities in the banking sector of Bangladesh during the last 20 years. Human rights body HRPB sent the notice asking the government to form a commission under Section 3 of the Commission Inquiry Act 1956 for the purpose of making inquiry into the various misappropriations of banking money and irregularities in case of loan sanctioning occurred during the last 20 years in different private and public banks.
The notice was sent to Bangladesh Bank Governor, Secretaries to the Cabinet, Prime Minister’s Office, Finance Division, Financial Institutions Division, and the Law Ministry asking them to form the commission within a week. As, there was no reply of the notice, the writ was filed with the court.
The High Court (HC) on Wednesday asked the authorities concerned to prepare a list of loan defaulters and money launderers of the last 20 years and submit it to the court.
The HC also issued a rule asking the authorities concerned to explain as to why necessary order should not be given to form a powerful commission to identify irregularities and corruption in the banking sector in the previous years.
The bench of Justice F R M Nazmul Ahasan and Justice K M Kamrul Kader passed the order and issued the rule after primary hearing on a writ petition filed by a Supreme Court lawyer, Advocate Manzill Murshid, on behalf of Human Rights and Peace for Bangladesh (HRPB), a rights organization, to stop irregularities and corruption in the banking sector.
Secretaries to Prime Minister’s Office, Cabinet, Ministry of Finance, Bangladesh Bank Governor and Chairmen and Managing
Directors of all government and private banks have been made respondents to the rule.
Advocate Manzill Murshid appeared in the court on behalf of the HRPB, while Deputy Attorney General A B M Abdullah Al Mahmud Bashar stood for the state.
During the hearing, the court said, a vulnerable situation has already been created in the government and private banking sector in Bangladesh. Necessary steps should be taken to stop all irregularities for reviving the economy and taking it to a strong position.
Earlier, on January 23, 2019, a legal notice was served asking the authorities concerned to conduct an inquiry into irregularities in the banking sector of Bangladesh during the last 20 years. Human rights body HRPB sent the notice asking the government to form a commission under Section 3 of the Commission Inquiry Act 1956 for the purpose of making inquiry into the various misappropriations of banking money and irregularities in case of loan sanctioning occurred during the last 20 years in different private and public banks.
The notice was sent to Bangladesh Bank Governor, Secretaries to the Cabinet, Prime Minister’s Office, Finance Division, Financial Institutions Division, and the Law Ministry asking them to form the commission within a week. As, there was no reply of the notice, the writ was filed with the court.
