Take steps against illegal lenders: HC
The High Court yesterday ordered for setting up complaint boxes at all districts and upazilas to receive information and allegations from people about the functions of unauthorised financial and microcredit institutions and individual money lenders.
Bangladesh Bank (BB) has been directed to issue notice to deputy commissioners and superintendents of police to take necessary steps.
During hearing a writ petition, the HC bench of Justice Abu Taher Md Saifur Rahman and Justice AKM Zahirul Huq ordered the central bank to submit a complete report after complying with yesterday's and previous directives on this issue in 60 days, Supreme Court Spokesman Md Saifur Rahman told The Daily Star.
SC lawyer Syed Sayedul Haque Suman on September 7 last year submitted the petition as a public interest litigation.
He said BB yesterday submitted a compliance report before the HC bench, saying that it has formed 19 teams to monitor the activities of unauthorised financial institutions and money lending.
For the same petition, the HC on September 27 last year had directed the government to immediately shut down the offices of unauthorised financial and microcredit institutions and cooperative societies, and to take appropriate legal actions against them for lending at high interest rates.
Lawyer Muniruzzaman appeared for BB, while Deputy Attorney General Wayesh Al Haruni represented the state during yesterday's hearing.
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