So, if the governor does not have the courage to even admit the fact that the central bank has bowed to political pressure time and again, has broken its own rules, and made special concessions for vested interests, how can he be counted on to have the courage to stand up to them now?
Farmers Bank: Why has no investigation taken place to explore on which grounds and for whose benefit the lion’s share of the climate fund was deposited in the Farmers Bank?
In Bangladesh, the primary reason behind excessive bad loans is a general lack of governance and, in particular, the inability to enforce banking regulations, which breeds corruption and moral hazard.