Dhaka, July 8 -- Bangladesh Bank Governor Dr Ahsan H Mansur has said that irregularities within the country's banking sector during the previous administration have already been identified, but the former government had obstructed the implementation of corrective measures.

Speaking at a press conference on Monday, held at the central bank's headquarters in Dhaka, Dr Mansur underlined that meaningful reforms in banking supervision will not be effective unless accompanied by broader reforms in the political landscape. The event was held ahead of the planned amendments to the Bank Company Act and was themed "Risk-Based Supervision."

He stressed the need for political actors to recognise the consequences of interference in the financial sys...