Bangladesh Commerce Bank Limited has recently relocated its Narayanganj Branch to a prime location with all banking facilities. A programme was organised at the branch premises presided by BCBL Deputy Managing Director Kazi Md Rezaul Karim, reads a press release. BCBL Board of Directors Chairman Dr Rashid Ahmed Chowdhury inaugurated the ceremony as the chief
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BB refuses to let Premier Leasing MD go
Abdul Hamid Mia
In a baffling move, the Bangladesh Bank has asked Premier Leasing & Finance Ltd not to officially release its managing director, Abdul Hamid Mia, although he has submitted a resignation letter.
Mia is one of the persons responsible for the deterioration of the non-bank financial institution s (NBFI) financial health in recent years, as per central bank officials.
Although the NBFI had issued Mia a discharge letter on February 28, the central bank that very day instructed it to backtrack from the decision.
The central bank issued a letter addressing the NBFI chairman, asking not to place any proposal on the release of the managing director without prior approval of the administrator it had appointed.
With a little help from his friends!
PK Halder put his men at helm of NBFIs, took out loans for his firms that existed only on paper
Proshanta Kumar Halder alias PK Halder had played tricks on four non-bank financial institutions in such a way that no one could suspect anything before around Tk 10,000 crore were siphoned from those.
Halder put his men at the helm of the financial institutions so that he could easily take loans from those and misappropriate the funds.
This was stated in a confessional statement by Uzzal Kumar Nandi, chairman of People s Leasing and Financial Services (PLFS), one of the four financial institutions defrauded by Halder.