Massive theft in banking sector: Muhith

Finance Minister AMA Muhith on June 7, 2016 admits in Parliament that there are some irregularities in the banking sector and it is massive at times. In the photo grabbed from TV channel shows Muhith placing the proposed budget for 2015-16 fiscal at the parliament on June 4, 2015.

Finance Minister AMA Muhith today admitted in Parliament that there were some irregularities in the banking sector and it was massive at times.

Muhith made the comments while responding to a remark of independent MP Rustam Ali Farazi during the cut-motion discussion on the supplementary budget of the outgoing fiscal year.

"There were some faults, sometimes there were looting," the minister said echoing Farazi.

"I want to say the irregularities were massive at times," Muhith told the House.

The finance minister sought an additional amount of Tk 238.02 crore for Bank and Financial Institution Division in the supplementary budget.

Opposing this allocation, lawmaker Farazi said the incidents of theft are taking place in the banking sector.

"The situation in all state banks is the same by and large. An amount of Tk 800 crore has been taken away from Bangladesh Bank reserve through an unholy alliance of its officials. These bank officials are involved in all the incidents of theft," Farazi added.

He said a sum Tk 275,000 crore has been siphoned off, while Tk 30,000 swindled out. "These are not only thefts, but also massive thefts," he said.

Pointing to GDP projection, Muhith said it can be changed anytime.

He mentioned about the capability of the Bangladesh Bureau of Statistics (BBS) that its nine months' calculation of statistics projected that by this time the GDP would be 7.05 percent.

"What we've given [said] will be proved correct after three months, we have our own research...the BBS is very much skilled and international organisations are working on BBS data."


৭ ঘণ্টা আগে|বাংলাদেশ

বাংলাদেশ-চীন দ্বিপাক্ষিক সম্পর্ক উন্নয়নে আরও মনোযোগী হওয়া উচিত: প্রধানমন্ত্রী

প্রধানমন্ত্রী শেখ হাসিনা চীনকে বাংলাদেশের অন্যতম প্রধান উন্নয়ন সহযোগী উল্লেখ করে বলেছেন, দ্বিপাক্ষিক সম্পর্কের মূল কেন্দ্রবিন্দু হওয়া উচিত দুই দেশের আরও উন্নয়ন।