Bangladesh Bank autonomy and Finance Minister Muhit April 14, 2014Posted by bdoza in BANGLADESH.
Tags: Bangladesh Bank
I first noticed the attitude of Finance Minister MA Muhit regarding the control of Bangladesh Bank over the other state owned banks when he arrogantly rejected BB to inquire into Hall Mark scam of Sonali Bank. He said that it is the Ministry of Finance that will look into the matter, not the Bangladesh Bank.
Muhit now slammed again BB’s proposal to have greater control over the state owned banks.
The controversy creates storm.
It is assumed that one of the main reasons for corruption in the banking sector is the poor control of BB over the state owned banks.
An ordinary citizen