The result of bringing politics into banking sector

in #news7 years ago

Source: Prothom Alo

In the year 2007 the banking sector was a scam. Starting the bank, the customer's deposits did not return - all happened in the year. Of the first light with the former deputy governor of Bangladesh Bank, said Khandaker Ibrahim Khaled

Prothom Alo:Within four years of establishment, the customers of the firm have cracked the belief Firms Bank. The bank can not refund the deposit of the customer. The situation of NRB commercials traveling at the same time is also bad. Why is the condition of this new bank?

Khondakar Ibrahim Khaled: When the new bank was approved, we only raised objections. Following British banking, we are in the process of increasing the branches of banks. There will be less number of banks, branches will be many. Many scrutiny will be done before the approval of the bank. But the finance minister said, the bank was given a political consideration. If the economy is politically managed it has to happen. It is the result of bringing politics into banking sector. The politicians should not be given to the bank. When it was found that Farmers Bank was working in the opposite direction, Bangladesh Bank should have taken action immediately. They sat with notice, could not move. It is heard that pressure came from above, so could not move too much. But Bangladesh Bank is an independent organization. The governor should have not obeyed the above instructions, Perform appropriate duties. If you lose your job in relation to these misdeeds, you will be with respect. To make the wrong person responsible for these conditions and not take the time to arrange the bank. The central bank took several initiatives after the bank was finished. The condition was that the doctor arrived after the patient died. For the same reason NRB commercials have also worsened.

Prothom Alo: The former chairman of the Basic Bank was questioned by the ACC. What will be the judgment?

Ibrahim Khaled: When there is no rule of law, it is so, that justice is interrupted. Judgment was interrupted. Supporting the government's influential person Abdul Hai Bachchu. As a result, the companies could not take action. The basic bank was supposed to take their own actions, but could not do it. ACC also could not decide. After the High Court order, they forced Bachchu to call. Is it a show, or is it true? It must wait a while to understand it. There is still doubt about whether he will really be brought to justice. I have faith in ACC chairman, hope that he will prove that he is going through trial.

Prothom-alo: New banks are doing bad. Still, the new bank is in the process of paying.

Ibrahim Khaled: The only authority to grant new banks under the law is not in the hands of the Bangladesh Bank, the government or the Finance Ministry. The Ministry of Finance has reduced the power of Bangladesh Bank by sending recommendations. Thus the government is taking away the power of the central bank. Bangladesh is forced to pay the bank to the bank, which is the abuse of the law. Why the government will give new bank why so? The banks currently in operation can give branches in the village. The new bank is meant to help some politicians again. Politics should not be dragged into the economy. Many people say that the bank has to pay because no one can post it. This is a wrong decision, it can be provided with contractual work.

Prothom Alo: The sudden change in the ownership of the Islamic and Social Islami Bank. How to analyze it?

Ibrahim Khaled: When Chittagong-based group took control of Islami Bank, the people took it very well. The bank survived from the aggression of Jamaat. Now it seems, they are acquiring more banks. This is happening in the legal process, but the problem of justice is happening. Thus, if they take control of one bank after another, they will establish a control over the whole sector; Which can be used against countries, governments, economics and banking sectors. During the time these must be brought under strict surveillance. The amount of shares a group can hold, the laws should be amended and fixed.

Sort:  

The @OriginalWorks bot has determined this post by @sonjen749 to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!