Monday 25 June 2018 ,
Monday 25 June 2018 ,
Latest News
  • Kane hat trick against Panama puts England in last 16
  • BNP picks Bulbul, Sarwar for Rajshahi, Barishal polls
  • Probe body formed over Gaibandha road crash
  • Argentina players 'will decide team' against Nigeria as Sampaoli stripped of power
  • PM pushes for connectivity to boost regional cooperation
  • Trudeau fined $100 over gift of sunglasses
  • BGB deployed in Gazipur ahead of city polls
8 December, 2017 00:00 00 AM
Print

HC stays BB order removing NRBCB MD

UNB

The High Court yesterday stayed a Bangladesh Bank (BB) order that removed NRB Commercial Bank Managing Director Dewan Mujibur Rahman from his post for misconduct and violating the rules, reports UNB. A two-member HC bench comprising Justice Syed Muhammad Dastagir Husain and Justice Md Ataur Rahman Khan passed the order in response to a writ petition filed by Dewan Mujibur Rahman challenging the central bank's order.

The court also issued a rule asking the authorities concerned to explain as to why the removal order should not be declared illegal. All concerned, including the BB governor, were asked to reply to the rule within four weeks. On Dec 5, BB in an order removed NRB Commercial Bank Managing Director Dewan Mujibur Rahman for misconduct and violating the rules.

The central bank's decision was conveyed to the NRBCB managing director on Wednesday through a letter. As per the BB decision, Dewan Mujibur will not be able to serve any bank in the next two years. The Bangladesh Bank served the letter after it had found evidence against Dewan Mujibur of irregularities and violation of the banking law.

Earlier, the central bank served a show-cause notice on him over 10 irregularities and violation of the banking law in issuing loans of Tk 701 crore which the central bank believes went against the interests of the bank's depositors.

Challenging the notice, the NRBCB managing director went to the court, but he failed to obtain any order in his favour.

 

Comments

Poll
Today's Question »
BNP has demanded that the EC withdraws the Gazipur police SP for ensuring a fair and impartial voting in the city corporation tomorrow. Do you support this call?
 Yes
 No
 No Comment
Yes 50.0%
No 50.0%
No Comment 0.0%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
0102
03040506070809
10111213141516
17181920212223
24252627282930

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting