Bangladesh, May 12 -- Leaders of the Bangladesh Association of Banks (BAB) have expressed concern that a provision in the amended Bank Resolution Act could allow former bank owners and directors accused of irregularities to re-enter the banking sector.
The issue was discussed during a meeting on Monday with Md Mostaqur Rahman at Bangladesh Bank.
Speaking to reporters afterwards, BAB President and Dhaka Bank PLC Chairman Abdul Hai Sarker said that bank owners fear the clause may create an opportunity for individuals previously linked to banking misconduct to regain influence.
The meeting was attended by several senior bankers and business figures, including former Federation of Bangladesh Chambers of Commerce and Industry president and...
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