Bangladesh, Nov. 8 -- A parliamentary committee has expressed strong dissatisfaction with the Chattogram and Mongla port authorities for keeping fixed deposits in several commercial banks, particularly financially troubled private banks, and failing to withdraw the money even after the deposits matured.

Advertisement The Parliamentary Standing Committee on Public Undertakings has recommended that the port authorities take effective legal action and initiate departmental proceedings against those responsible for the questionable investments, while reporting the progress to the committee.

It has also recommended that all future funds of the port authorities be deposited with state-owned banks to minimise financial risks.

The recommendat...