Controversial provision snuck into the Bank Company (Amendment) Bill 2023: So much for restoring good governance and holding bank ‘looters’ accountable
The Bank Company (Amendment) Bill 2023 was passed in the parliament yesterday amid a huge outcry and a walkout by the main opposition party, Jatiya Party due to a last-minute contentious addition
The Bank Company (Amendment) Bill 2023 was passed in Parliament on Wednesday with the provision to allow the directors to remain in their position for 12 years consecutively. According to the present law, the tenure of the directors is nine years. Finance Minister AHM Mustafa Kamal moved the bill and it was passed by voice vote. The bill mentioned that after completing 12