Govt to investigate if any bank goes rogue: Finance minister

Finance Minister AHM Mustafa Kamal said on Tuesday that the government is eager to investigate whether the conditions of any banks are bad or not.

He was speaking to journalists in the conference room of the Ministry of Finance on the current situation of the country’s banks, especially, money swindling from the Islami Bank Bangladesh.

The Cabinet on Monday asked Bangladesh Bank to clarify accounts of various videos being displayed on social media, claiming the poor state of some commercial banks in the country.

A Bangla newspaper had published a story on November 24 headlined “Bhayankar November (Dreadful November) for Islami Bank”.

It said a gang of swindlers has withdrawn Tk 2,000 crore from Islami Bank Bangladesh Limited (IBBL) using two companies that only exist on mere documents.

On the occasion of inaugurating the ‘Housing Loan Management Module’ at the secretariat, Kamal said that the universal pension scheme that the government has initiated should be implemented quickly.

Bangladesh Bank Governor Abdur Rauf Talukder, Secretary to Financial Institutions Department Sheikh Mohammad Salim Ullah, Comptroller General of Accounts Md Nurul Islam also spoke at the event.

Finance Department Senior Secretary Fatima Yasmin and Agrani Bank Managing Director Murshedul Kabir also attended the programme.