Dhaka, May 1 -- Mega corporates

accused of

intimidating bankers

Anisur Rahman Khan

The banking sector is reportedly being dominated by three mega companies, which are allegedly mishandling bank assets, leading to a liquidity crisis and other financial irregularities.

Reports suggest that those who oppose the unjust demands of these companies face severe consequences, including humiliation and threats.

Both private and state-owned banks, including Janata, Rupali, Sonali, and Agrani, are grappling with significant liquidity issues. As part of the terms for a $4.7 billion loan from the International Monetary Fund (IMF), the government must reduce defaulted loans in state-owned banks.

Several high-ranking officials in the banking secto...