• Sunday, Feb 28, 2021
  • Last Update : 01:25 pm

BB dismisses Farasath Ali’s application to return as director

  • Published at 01:03 am January 27th, 2021
Bangladesh Bank
Mehedi Hasan/Dhaka Tribune

He was banned for two years from June 21 last year owing to several irregularities and corruption

Bangladesh Bank yesterday dismissed the application of former NRB Commercial Bank chairman Farasath Ali to return to the post of directorship. 

He was banned by the central bank from the post of directorship of any bank or non-bank financial institution for two years from June 21 last year owing to several irregularities and corruption.

The decision came at the 441st meeting of the central bank board that was presided over by Bangladesh Bank Governor Fazle Kabir.

Ali has applied to the central bank for lifting the ban before the completion of two years.

“He did not fulfill the condition set by the central bank,” said a high official of BB. 

Also at the meeting, a special refinancing scheme of Tk1,000 crore has been formulated by the BB to modernise the existing cinema halls.

The owners of the cinema halls will get long-term loans under the scheme.

53
Facebook 52
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail