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.