Matiur Removed from Sonali Bank’s Board

Last updated: June 24, 2024

Matiur Rahman

Dhaka, Bangladesh (BBN) - The government on Monday removed revenue official Matiur Rahman from the position of director of state-owned Sonali Bank PLC for alleged corruption against him.

The Financial Institutions Division (FID) of the Ministry of Finance sent a letter to the Bangladesh Bank governor and the Sonali Bank chairman advising for taking necessary steps along with recommendations to remove Matiur from the post of director.

He was appointed as a director of Sonali Bank in February 2022 for three years.

Earlier in the day, a Dhaka court issued a travel ban against Matiur Rahman, his first wife Layla Kaniz, who is the chairman of Narsingdi's Raipura upazila (sub-district), and their son Ahmed Toufikur Rahman Arnab.

The ministry transferred Matiur to the Internal Resources Division from his position as president of customs, excise and VAT appellate tribunal at the National Board of Revenue.

On the same day, the Anti-Corruption Commission launched an inquiry into the allegations of amassing illegal wealth and money laundering by Matiur.

The graft of Matiur came into limelight after his son Mushfiqur Rahman Ifat posted a photo of a sacrificial goat on social media claiming to have bought it at BDT 1.50 million, which raised questions about the income of the former NBR senior official.

This recent scandal has brought significant attention to Rahman's family's lavish lifestyle and raised questions about his suitability for the directorship at Sonali Bank.

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