Tk 785cr transferred by Pakistani industrialists | The Daily Star
12:00 AM, October 22, 2020 / LAST MODIFIED: 12:16 AM, October 22, 2020

First year of Bangladesh Bangabandhu’s nation-building challenges

Tk 785cr transferred by Pakistani industrialists

October 22, 1972        


About Tk 785 crore in plant and machinery, bank balance and cash have been transferred by the West Pakistani industrialists and big industry houses to West Pakistan on the eve of the liberation of Bangladesh, according to a preliminary survey conducted by the government.

The survey shows that the West Pakistani tycoons, who got their industries out of the foreign exchange and loan quota for the then East Pakistan and loans from the local banks under the patronage of the Islamabad Government, had taken out their bank balances and cash out of Bangladesh when they found that the days of West Pakistan's military rulers were numbered in Bangladesh. In many cases the West Pakistani industrialists dismantled whole plants and machinery and transferred them to their sanctuaries in West Pakistan with the connivance and active help of military rulers of Pakistan.


About 10 amendments to the Constitution Bill proposed by Awami League members of the Constituent Assembly are so far accepted at the meeting of their parliamentary party in Dhaka today. Presided over by Prime Minister Bangabandhu Sheikh Mujibur Rahman, the meeting considers the amendments along with the recommendations of the sub-committee, which scrutinised and examined them -- about 750 in total -- during the last four days.


Sixty-four persons who have been absconding to avoid appearance in an enquiry under the Bangladesh Collaborators (Special Tribunals) Order 1972 have been directed under Article 17 (1) of the Order to appear before their sub-divisional magistrate, Cox's Bazar on or before November 2, 1972. The immovable properties standing in the names of these persons or in the names of their benamdars have also been attached under Article 17 (1) of the said Order.

SOURCES: October 23, 1972 issues of Bangladesh Observer, Dainik Bangla and Dainik Ittefaq.

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