Dhaka, April 30 -- Opposition Chief Whip Nahid Islam has alleged the current Bangladesh Bank governor was appointed to help reschedule massive loans for ruling party lawmakers.

Participating in the discussion on the thanksgiving motion for the president's speech, the National Citizen Party (NCP) convenor claimed that nearly 60 percent of the ruling party's election candidates are debt-ridden.

"The governor's expertise lies in loan rescheduling," he said.

"For the first time in Bangladesh's history, a businessman has been appointed to this post solely to grant favours to those burdened by thousands of crores in debt," Nahid told the House, presided over by Deputy Speaker Kayser Kamal.

In a defiant stance, Nahid said he had neither "rea...