Muhith admits to massive theft in banking sector

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UNB, Dhaka :Finance minister AMA MuhithFinance minister AMA Muhith on Tuesday admitted in parliament that there were some irregularities in the banking sector and it was massive at times.He made the statement while responding to a remark of independent MP Rustam Ali Farazi during the cut-motion discussion on the supplementary budget of the outgoing fiscal year. “There were some faults, sometimes there were looting,” Muhith said echoing Farazi. “I want to say the irregularities were massive at times,” the finance minister told the House.Muhith sought an additional amount of Tk 238.02 crore for Bank and Financial Institution Division in the supplementary budget.Opposing this allocation, independent MP Farazi said the incidents of theft are taking place in the banking sector.

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