Dhaka, Bangladesh (BBN) - Bangladesh Bank Governor Ahsan H Mansur on Wednesday urged people not to buy properties that do not have bank mortgages from S Alam Group as depositors would be refunded by banks after selling those.
In this regard, the governor said, "It has to be done through a legal process. We will ask the government to take action. And no one should buy the assets of this group. The money will be returned to the depositors by selling these assets,” the governor said while addressing at a press conference held at the central bank headquarters in Dhaka.
He also said the refund process will start through a legal process. "So, no one should buy the wealth of this group."
The governor also said that S Alam was the first person who systematically looted banks. "I'm not aware of anyone else in the world who has executed a bank robbery in such a well-planned manner.”
Regarding Islami Bank, he said the bank's new board has already been instructed to submit a work plan within a week. "There is no option to lie idle, [they] have to work. The Bangladesh Bank will provide all sorts of assistance in this regard. If they are not cooperative, the board will be changed again. Everyone is being monitored. No one will be spared if irregularities are found."
BBN/SSR/AD