Another case filed against Sonali, Hall-Mark officials

Posted by BankInfo on Wed, Aug 13 2014 11:15 am

A suit was filed with a Dhaka court yesterday against 11 officials of Sonali Bank and 22 of Hall-Mark and its sister concerns over a Tk 525.6 crore loan scam.

Abul Hashem, deputy general manager of Sonali Bank's Ruposhi Bangla Hotel branch, filed the case with the first joint district judge's court.

Judge Fazle Elahi Bhuiyan asked the defendants to explain by August 28 why action would not be taken against them for siphoning off funds from the bank on forged documents.

Hall-Mark Chairman Jasmine Islam, Managing Director Tanvir Mahmud and General Manager Tushar Ahmed have been made defendants in the suit.

Mainul Haque and Atiqur Rahman, former managing directors of Sonali Bank, and 10 other officials of different ranks are also made defendants in the suit.

Officials of Hall-Mark Group in league with Sonali Bank officials took the loan from Sonali Bank's Ruposhi Bangla Hotel branch in the name of different companies through 177 vouchers showing fake documents from December 28, 2011 to March 28, 2012, according to a case document.   

The loan swelled to Tk 755 crore with interest taken into account until June 30.

Earlier in March, April, May and June, the bank filed 14 other cases against Jasmine Islam, Mahmud and 12 of their companies with the Money Loan Court-1 of Dhaka for taking Tk 401.05 crore in loan on forged documents.

Sonali Bank started filing the cases after it failed to get buyers for the mortgaged assets of Hall-Mark.

The Anti-Corruption Commission filed 11 cases against 27 persons of Hall-Mark and its lender Sonali Bank in October 2012 and pressed charges against 25 of them in October last year on money laundering allegation.

Seven accused, including Mahmud, are now in jail while Jasmine Islam is on bail and 17 others are absconding.

Hall-Mark alone took away Tk 2,686 crore from the branch on forged documents between 2010 and 2012. The scam shook the country when it came to light in May 2012.

News:The Daily Star/13-Aug-2014

 

DBBL workshop on ISS reporting held

Posted by BankInfo on Wed, Aug 13 2014 10:59 am

KS Tabrez, Managing Director of Dutch-Bangla Bank Limited, speaks at a workshop held at the bank’s Training Centre at Gulshan in Dhaka recently.

 Dutch-Bangla Bank Limited (DBBL) organised a day-long workshop on “Integrated Supervision System (ISS) Reporting” for the officials of the bank.

KS Tabrez, Managing Director of the bank inaugurated the workshop held at the bank’s Training Centre at Gulshan in Dhaka recently, said a press release.

Abul Kashem Md. Shirin and Md Sayedul Hasan, Deputy Managing Directors of the bank spoke on the occasion. Resource persons from Bangladesh Bank conduct various sessions in the workshop.

News:Daily Sun/13-Aug-2014

NCC Bank holds workshop on loan documentation

Posted by BankInfo on Wed, Aug 13 2014 10:51 am

Md Nurun Newaz Salim, Chairman of NCC Bank Limited, is seen at a workshop at the bank’s Training Institute in Dhaka recently.

 NCC Bank Limited organised a workshop on ‘Documentation of Loans and Advances’ for the senior level executive and credit administration officers of the bank at the bank’s Training Institute recently.

Md Nurun Newaz Salim, Chairman of the bank inaugurated the workshop as chief guest, said a press release.

News:Daily Sun/13-Aug-2014

SIBL’s board meeting held

Posted by BankInfo on Wed, Aug 13 2014 10:41 am

Major (Retd) Dr. Md. Rezaul Haque, Chairman of the Board of Directors of Social Islami Bank Limited, presides over the 317th meeting of the Board of Directors of the bank at the bank’s corporate office in Dhaka on Tuesday.

 The 317th meeting of the Board of Directors of Social Islami Bank Limited (SIBL) was held at the corporate office of the bank in Dhaka on Tuesday.

Major (Retd) Dr. Md. Rezaul Haque, Chairman of the Board of Directors of the bank presided over the meeting, said a press release.

Md. Shafiqur Rahman, Managing Director, Directors and senior executives of the bank were present in the meeting.

News:Daily Sun/13-Aug-2014

BDBL profit rises to Tk 81.19cr in H1

Posted by BankInfo on Wed, Aug 13 2014 10:35 am

Prof. Santi Narayan Ghosh, Chairman, Dr. Md. Zillur Rahman, Managing Director of Bangladesh Development Bank Limited, seen at the Half-Yearly Business Review Meetting-2014 of the bank at UTC Bhaban at Karwan Bazar in Dhaka recently.
 Bangladesh Development Bank Limited (BDBL) earned an operating profit of Tk 81.19 crore during the first half of 2014, rising from Tk 65.54 crore in the same period of last year.

This was told at the Half-Yearly Business Review Meetting-2014 of the bank organised at UTC Bhaban at Karwan Bazar in Dhaka recently. Dr. Md. Zillur Rahman, Managing Director of BDBL, presided over the meeting, said a press release.

Prof. Santi Narayan Ghosh, Chairman, BDBL attended the meeting as the chief guest. Dina Ahsan, Deputy Managing Director, zonal and branch heads, general managers and high officials of the bank were also present.

In the review meeting, achievement and performance of the bank during the first half of 2014 have been reviewed and strategies to achieve the targets for rest of 2014 have been formulated. 

News:Daily Sun/13-Aug-2014
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