HC order on bank loan scams is welcome, but we need a permanent fix
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Dhaka, Dec. 6 -- Newspapers yesterday prominently published news of the High Court directing relevant authorities including the Anti-Corruption Commission (ACC), Bangladesh Bank, Bangladesh Financial Intelligence Unit (BFIU), the Criminal Investigation Department (CID) of Police and concerned banks to conduct probe into the scams of Islami Bank Bangladesh Ltd, Social Islami Bank Ltd and First Security Islami Bank and submit reports within four months. That the news is very important for the people of Bangladesh cannot be overestimated.
But we have reservations whether the HC order will bring some lasting and meaningful change to the seriously dented banking sector. The banks are now under political control. When the reports will be submi...
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