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AnonTex riding on BB favours
Bangladesh Bank has given AnonTex, which took more than Tk 5,500 crore from Janata Bank through serious irregularities, a controversial permission to take more loans from other state-owned banks as well, reschedule its loans and valuate its assets afresh to make it look like a healthy company.
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Question for regulators to answer
According to the findings of multiple Bangladesh Bank investigations, Janata Bank has been granting undue favour to yet another big borrower breaking all sorts of banking rules. The borrower, Thermax, was granted these privileges despite paying only a fraction of its previous dues which now stand at a staggering Tk 1,230 crore.
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Janata now goes for auction
Saddled with Tk 8,300 crore loans to two business groups, most of which have gone bad, Janata Bank has moved to auction property and goods of one -- Crescent Group.
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Ghosts within Janata Bank
Everything is happening at Janata Bank, and in the latest case it deliberately did not mark Tk 2,643 crore of its Tk 5,508 crore loans given to a single group -- AnonTex -- as classified, ignoring Bangladesh Bank's instructions.
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Retake Janata Bank recruitment test: HC
The High Court cancels the written examination, held on April 21 last year, for the recruitment of executive officer of Janata Bank for question paper leak.
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State Banks: Plundering made easy
Seven months after the government announced a Tk 2,000 crore “recapitalisation” of state-owned banks, the financial institutions have started asking for fresh money from the government. This time their demand is much higher -- a little over Tk 20,000 crore -- than what they were given in the budget for this year.
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Janata Bank Loan Scam: Whole bank was in it
When one applies for a loan at Janata Bank, the application goes through at least five layers of scrutiny. But in case of AnonTex Group, none of these processes seemed to have been followed.
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Muhith pledges steps on loan anomalies at Janata Bank
Finance Minister AMA Muhith yesterday said necessary steps will be taken regarding the alleged loan irregularities at state-owned Janata Bank.
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ACC quizzes 5 more Janata Bank officials as witnesses
The Anti Corruption Commission (ACC) yesterday interrogated five more senior officials of Janata Bank as witnesses in a graft case filed over Tk 250 crore loan scam.
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People’s money being looted: Ershad
Jatiya Party Chairman HM Ershad says the money of the general people of the country is being looted indiscriminately.
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Tk 1.9 crore stolen from Janata Bank
An executive of Janata Bank embezzled Tk 1.9 crore from interest on fixed deposits with the state-run bank in yet another incident of financial crime in the country's banking system.
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Janata Bank to sue its officer for swindling clients’ FDR money
Days after an official of Janata Bank was learnt to have swindled Tk 1.93 core from clients’ FDR accounts, the bank authorities assure its clients that they will not be affected.
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Janata Bank GM among 5 sued by ACC
The Anti Corruption Commission (ACC) files a case against five bank officials, including a General Manager of Janata Bank Limited, and four others for allegedly swindling over Tk 250 crore from the bank through opening letters of credit (LCs) to a fake company.
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1.14 lakh bank accounts with Tk 1cr each in 2015
There were 1.14 lakh bank accounts having over Tk 1 crore each in the all of the country’s commercial banks in 2015, says finance minister AMA Muhith.
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4 state-owned banks get observers
The central bank appoints four observers to the boards of four state-owned commercial banks.
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7 vehicles torched; 3 injured
Miscreants torch seven vehicles in Dhaka and elsewhere leaving three injured
