Sonali Bank is facing scrutiny over recent appointments and operational issues at its foreign branches. Despite resigning from Sonali Bangladesh UK Limited, former employees Farzana Haque and Suja Uddin Al Reza are now reappointed as foreign workers in the UK, raising concerns about adherence to posting rules. Allegations suggest that some officers exploit their permanent residency status and that close associates of top executives are given preferred postings, causing operational and financial losses.
Sonali Bangladesh UK Limited, previously Sonali Bank UK Limited, was restructured due to financial difficulties and now primarily supports trade finance for the Bangladeshi community in the UK. The subsidiary has reported a profit but faces challenges from a lack of skilled staff and excess manpower. Additionally, Sonali Pay, another UK entity, is struggling financially and has requested additional capital. The Financial Institutions Division has demanded explanations from Sonali Bank’s managing director but has yet to receive a response.
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