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GB Commission final report to be delayed

  • Published at 08:09 pm August 28th, 2013
GB Commission final report to be delayed

The submission of final report by Grameen Bank (GB) Commission to the finance ministry would be delayed further due to insufficient information it mobilised so far about 54 associated organisations of the bank.

“Information on 54 associated organisations is inadequate. This will mainly cause delay in finalisation of the report,” GB Commission Chairman Mamun Ur Rashid told the Dhaka Tribune through e-mail. He is now in Kathmandu, Nepal.

He said Barrister Ajmalul Hossain QC submitted the legal issue of GB in line with the finance minister’s order.

The Ministry of Finance earlier forwarded partial report to Ajmalul Hossain through email seeking his comments.

Tenure of the GB commission, which was formed in May last year to review the GB’s governing structure and its relations to the independent associated companies founded by Prof Muhammad Yunus, expired on June 30.

The deadline, subsequently, was extended four times, and the commission was supposed to submit the report on July 20 last. In February this year, the commission had submitted an interim report.

The four-member Commission, headed by former bureaucrat Mamun Ur Rashid, was charged with reviewing the purposes, legal status and operations of GB and 52 other organisations bearing Grameen tags.

Other members of the commission are barrister Ajmalul Hossain QC, Mosleh Uddin Ahmed, FCA and Director General of Planning and Development Academy MA Kamal.