SECOND EDITION
TUESDAY, SEPTEMBER 20, 2016
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Ashwin 5, 1423, Zil-Hajj 17, 1437
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Regd No DA 6238, Vol 4, No 143
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www.dhakatribune.com
State banks still hostage to influential borrowers n Jebun Nesa Alo A number of state-owned banks continue to approve and reschedule massive project loans without proper scrutiny despite major scandals in recent years such as the Hall-Mark and BASIC Bank loan scams. Influential borrowers are still
taking money out of the state banks in the name of project loans and the boards of those banks are approving them without scrutinising the viability of these projects. As a result, after a certain period of time the projects close down and the borrowers default on their loans. But, this is only the tip of the iceberg; influential borrowers are
blessed with unethical facilities by the boards to regularise their defaulted loans. Bangladesh Bank has observed that performances of most of the projects to which state banks provided loans are very poor, a senior executive said. Both lenders and borrowers are interested in project loans as these
loans can easily be shown as standard category through secret deals. The instalments of project loans can be deferred year after year on numerous grounds, the official said. Bangladesh Bank has very recently faced trouble with an unethical proposal from Virgo PAGE 2 COLUMN 5
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32 pages |
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Court orders BSP to return recovered money to Bangladesh n Jebun Nesa Alo Bangladesh Bank finally got a Philippine court order in its favour to get back a portion of hacked money that was forfeited and kept in the vault of the Philippine central bank. Philippine’s regional trial court in Manila yesterday ordered Bangko PAGE 2 COLUMN 2
PM arrives in New York to join UN General Assembly n BSS Prime Minister Sheikh Hasina arrived in New York from Montreal, Canada on Sunday afternoon to attend 71st UN General Assembly. An Air Canada flight, carrying the prime minister and her entourage, landed at La Guardia Airport of New York at 3pm (New York time). Bangladesh Ambassador to the United States Mohammad Ziauddin and Bangladesh Ambassador, Permanent Representative to the UN Masud Bin Momen and Bangladeshi expatriates received the prime minister at the airport. After the reception at the airport, the premier was escorted by a ceremonial motorcade to Hotel Waldorf Astoria at Manhattan where she will stay during her visit to New York when she will take part in General Debate of the 71st PAGE 2 COLUMN 1
Prime Minister Sheikh Hasina is greeted by Bangladesh Ambassador to the US Mohammad Zia Uddin and Bangladesh Ambassador to the UN and Permanent Representative Masud Bin Momen as she arrives at LaGuardia Airport in New York yesterday FOCUS BANGLA
INSIDE
Weakness at home hobbles Merkel in Europe
It is hard to think of what more Angela Merkel could have done over the past weeks to nudge fellow European leaders towards a post-Brexit consensus. In the run-up to Friday’s EU27 summit in Bratislava, the German chancellor met personally with 24 of her 26 counterparts. PAGE 10
Police: Funds for Gulshan, Sholakia attacks came from Middle East ‘Indigenous students to get pre-primary education in mother tongue’
Indigenous students from five communities will be able to complete their pre-primary education in their mother tongue from next year, Education Minister Nurul Islam Nahid said. “We are making arrangements to bring this to effect,” he told the Dhaka Tribune yesterday. PAGE 32
n Kamrul Hasan Police are now certain that the money used to finance the deadly terror attacks in Gulshan, Dhaka and Sholakia, Mymensingh came from the Middle East, said Additional Commissioner Monirul Islam, chief of police’s Counterterrorism and Transnational Crimes (CTTC) unit. Speaking at a press briefing at Dhaka Metropolitan Police (DMP)
Media Centre yesterday afternoon, he said the money came to Bangladesh via hundi transactions and the person who received it has been identified. Police are also confirmed that the firearms used in the attacks entered Bangladesh through the Indian border, but they have yet to determine the source country, the CTTC chief said. Asked about the source of the money, Monirul said they are not
sure whether it originated from the Middle East, or someone from here sent it to the Middle East and had it sent back in order to throw off suspicion. During investigation, police learnt about a single transaction of around Tk14 lakh which was mostly spent to buy guns and renting flats for the attackers, he said. Names of militants Rajib Gandhi, Marjan and Basharuzzaman PAGE 2 COLUMN 1