Sonali Bank yesterday filed another case against Hall-Mark Group on charges of taking over Tk 60.27 crore in loan on fake documents.
Abdus Salam, executive officer of the bank's Ruposhi Bangla branch, filed the case with the Artho Rin Adalat-1 against Hall-Mark Group Chairperson Jasmine Islam, Managing Director Tanvir Mahmud and Design Wear Ltd, a concern of the group.
After hearing, Judge Md Robiuzzaman directed the defendants to explain by May 12 why steps would not be taken against them.
Earlier on March 25, 27 and 30 and April 1, the bank filed 11 cases against Jasmine, Mahmud and nine of their companies with the same court for taking Tk 101 crore in loan on forged documents.
Sonali started filing 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.

 A corporate agreement was singed between Union Bank Limited and Aysha Memorial Specialized Hospital at the head office of the bank on .SAM Salimullah, SEVP of Union Bank Ltd and Dr. Asish Kumar Chakraborty, Director, Ayesha Memorial Specialized Hospital (AMSH) signed the agreement on behalf of their respective sides, said a press .
Md. Abdul Hamid Mia, MD of the bank, Abdul Hannan Khan, Company Secretary and Head of PRD, Abdul Kader, Chairman, AMSH, Ms. Pretty Chakraborty, Business Development Manager, AKM Shahed Hossain and other officers from both the organisations were present on the occasion.

Mohammed Lakiotullah has been elected Chairmen of Audit Committee of Bank Asia at a meeting of the Board of Directors of the Bank .Md Lakiotullah is an eminent and respected banker of the country, said a press release.

He has been contributing to the growth of the country’s experience for last 44. Md Lakiotullah was the founder Managing Director of Export Import Bank of Bangladesh (Exim) Limited for eight years. He was also former Managing Director of Jamuna Bank Md Lakiotullah acted as Vice Chairman of Bank Asia since 2010.

A BRAC Bank web site image shows online login process. All scheduled banks except HSBC and BRAC Bank failed to introduce two-step authentication for the use of credit and debit cards for online transactions by April 1 deadline set by Bangladesh Bank, said officials of the central bank.

All scheduled banks except HSBC and BRAC Bank failed to introduce two-step authentication for the use of credit and debit cards for online transactions by April 1 deadline set by Bangladesh Bank, said officials of the central bank.
On September 2, 2013, the BB issued a circular to all banks asking them to implement the new method ‘additional authentication’ or two-factor authentication for Card Not Present transactions by April 1 in a bid to tackle fraudulent acts.
As per the method the banks are supposed to issue a one-time password for every transaction to their clients through their mobile numbers and emails.
The transactions are supposed to be executed when the clients insert the one-time security code in the process.
Scheduled banks’ officials said that they showed reluctance to implement the system as the implement cost of the two-factor authentication was so high.
Besides, the banks will have to tie up with software companies to set up the technologies for the two-factor authentications after which they will make agreement with the international payment system operators like Visa and American Express.
Against the backdrop, some banks including United Commercial Bank, Standard Chartered Bank and National Bank have already applied to the central bank to extend the deadline to implement the two-tier authentication, the BB official said.
The Card Not Present transaction is referred to a transaction a consumer carries out without presenting his/her credit or debit card, he said.
‘For example, a consumer can make online payment for any purchase of product by using his/her credit or debit card’s number and password, without swiping the card through any machine,’ the official said.
This type of transaction is usually used in the e-commerce, he said.
Clients of the banks now use a fixed password in transaction through the CNP.
‘In the current system, fraud risk is high as such type of fixed password can be easily accessed by hackers,’ the official said.
He said that the central bank might give two to three months to the commercial banks to implement their two-factor authentication.
All Banks have to implement the method on mandatory basis to secure the transaction system with e-commerce.
UCBL first assistant vice-president Md Marufur Rahman said that every bank would have to set up excess control server by receiving cooperation from a software company to implement the two-tier authentication.
The implementation cost of the two-factor authentication is so high which caused delay for setting up the method in due time for the banks, he said.
He, however, said his bank would set up the two-factor authentication in the quickest possible time.
Southeast Bank card division head Md Abdus Sabur said his bank had failed to implement the system in accordance with the central bank deadline as their technology-supported company could not avail the facility.
Twenty-two banks including Southeast Bank is now receiving technology support from Information and Technology Consultancy Ltd, he said.
Not only Southeast Bank but also 22 banks failed to implement the two-factor authentication in due time, Sabur said.
He hoped that his bank would complete the required measures to implement the two-factor authentication within this month, he said.