It is not that loan scams took place only in Janata Bank during the tenure of the present government. Loan scams have also taken place in Sonali Bank and Basic Bank. Besides, there are allegations that so-called entrepreneurs and politically influential people have taken loans worth billions of rupees and sent them abroad.
Banks are monetary institutions that run by a number of rules and regulations. Bank officials will give loans only to those from whom they can take back the loan. Banks are bound to go bankrupt if they lend based on other considerations or political influence.
The amount of defaulted loans in state-owned banks is skyrocketing, but has any chairman, board member or managing director been held accountable for this? Had they been, the officers of Sonali Bank, Basic Bank and Janata Bank would not have been freed from liabilities like this.