Staff Correspondent,
bdnews24.com
Published: 15 Mar 2021 10:27 PM BdST
Updated: 15 Mar 2021 10:27 PM BdST
The High Court has slapped a travel ban on 122 individuals or heads of entities who defaulted on loans taken from People’s Leasing and Financial Services Ltd or PLFSL, which is undergoing liquidation following a scam. );
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The court ordered the authorities to remain alert so that the 122 people, who refused summons, cannot leave Bangladesh.
It ordered Md Asaduzzaman, a probational liquidator for the firm, to provide the authorities with the current addresses of the 122 loan defaulters.
Justice Muhammad Khurshid Alam Sarkar passed the orders on Mar 9, but the media came to know about the matter on Monday.
Staff Correspondent,
bdnews24.com
Published: 15 Mar 2021 08:08 PM BdST
Updated: 15 Mar 2021 08:33 PM BdST
The High Court is left wondering why the Anti-Corruption Commission is not arresting Shitangshu Kumar Sur Chowdhury, a former deputy governor of Bangladesh Bank, and Md Shah Alam, an incumbent executive director of the central bank, even though their names surfaced in the Proshanta Kumar Halder scam. );
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The virtual bench of Justice Md Nazrul Islam Talukder and Justice Mohi Uddin Shamim suggested on Monday that the court will be forced to order arrest of SK Sur and Shah Alam if the ACC does not move in that direction.
Staff Correspondent,
bdnews24.com
Published: 26 Feb 2021 03:19 AM BdST
Updated: 26 Feb 2021 03:19 AM BdST
The people who defaulted on repayment of loans taken from the People’s Leasing and Financial Services Ltd or PLSFL must pay back, the High Court has said. );
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The court warned the defaulters that they must work within the remits of law and influence of ministers or others will not work in this case.
It ordered them to repay the first instalment before beginning discussion on how the full repayment will go ahead; otherwise their pleas for rescheduling will not be accepted.
Justice Muhammad Khurshid Alam Sarkar passed the orders on Thursday after hearing statements of some of the defaulters in the second phase.
Senior Correspondent,
bdnews24.com Shitangshu Kumar Sur Chowdhury, a former deputy governor of Bangladesh Bank. Md Shah Alam, an executive director of Bangladesh Bank.
The National Board of Revenue has sought details of bank accounts of Shitangshu Kumar Sur Chowdhury, a former deputy governor of Bangladesh Bank, and Md Shah Alam, an incumbent executive director of the central bank, after their names emerged in the Proshanta Kumar Halder scam. );
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It has also sought details of accounts of SK Sur Chowdhury’s wife Suporna Sur Chowdhury and Shah Alam’s wives Shahin Akter Shelly and Nasrin Begum
The banks and financial institutions have been given seven days to send the information on transactions and other details from July 2013, according to a letter dated Feb 18.
Staff Correspondent, bdnews24.com
Published: 24 Feb 2021 02:38 AM BdST
Updated: 24 Feb 2021 03:02 AM BdST
The Bangladesh Bank’s role in recovering defaulted loans taken from People’s Leasing and Financial Services Ltd or PLFSL, a firm undergoing liquidation, has irked the High Court. );
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A judge says the central bank officials responsible for overseeing the financial institutions “took benefits” from the scam centring businessman Proshanto Kumar Halder.
Justice Muhammad Khurshid Alam Sarkar made the comments on Tuesday while hearing statements of some of those who defaulted on more than Tk 500,000 loans from PLFSL.
“The Bangladesh Bank officials in charge of overseeing the financial institutions sat there and took [benefits]. These corrupt officials took facilities from PK Halder and the loan defaulters,” the judge said.