Dhaka, Oct. 18 -- Financial Institutions Division (FID) finally seeks Home Ministry's intervention for executing arrest warrants in 1,025 long-pending loan-default cases that have trapped huge sums of money, sources say.
The warrants for arrest of the 'wilful defaulters' have been issued by Money Loan Courts (Artharin Adalat), which remained on the backburner for years.
These cases were filed by eight departments and agencies under the FID, but "due to the non-enforcement of the arrest warrants recovery of default loans is delayed", the division under the finance ministry said in a letter sent to the Home Ministry Wednesday.
The FID also sent details of the cases with the letters to help enforce the arrest warrants.
Officials said Hom...
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