The High Court on Tuesday issued a rule against the Bangladesh Bank governor and one of its general managers, asking why it should not initiate the proceedings of contempt of court against them for not following its order.
Following a contempt plea lodged by a private firm named International Designer, the HC bench of Justice Md Ashfaqul Islam and Justice Md Ashraful Kamal asked BB Governor Atiur Rahman and one his colleague in the Banking Regulatory and Policy Department to respond within two weeks.
Hasan Rajib Prodhan, counsel of the petitioner, said Chittagong Power Development Board paid his client International Designer over Tk3.2m by six cheques of Standard Chartered Bank for a work.
As his client could not draw any cash against the cheques, they asked the Bangladesh Bank to resolve the issue on November 29 last year, he added.
They appeared before the HC on February 11 this year since the BB did not do anything in this regard, and the HC asked the BB to resolve the issue within one month, the counsellor said.
Despite the HC order, the issue was not settled within the stipulated time, which prompted the filing of the contempt of court petition, the counsellor added.
