HC orders probe into three Islamic banks after claims of dubious lending

HC orders probe into three Islamic banks after claims of dubious lending

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The court directed Bangladesh Bank, the Bangladesh Financial Intelligence Unit, the Criminal Investigation Department of the police, the Anti-Corruption Commission and officials of the banks to investigate the loan scam allegations.

According to Deputy Attorney General AKM Amin Uddin Manik, the authorities have been given time till April 5 to present their findings.

The court also ordered the Chairman of Chattogram-based group S Alam Group to submit documents related to his loan from the Islamic Bank.

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