Bangladesh Bank (BB) Governor announced that the central bank would take legal action against individuals, such as the chairman and officials of S Alam Group, for alleged crimes in the banking sector. However, he clarified that BB would not shut down companies like S Alam Group and Beximco, as they are considered national assets crucial to the country’s economy.
Speaking at a press conference, governor emphasized BB’s focus on addressing financial mismanagement while ensuring that major companies remain operational. He highlighted the bank’s efforts to prevent fund diversion, underscoring the importance of holding individuals accountable without jeopardizing the companies’ contributions to the economy.
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