Dhaka, Aug. 14 -- Salehuddin Ahmed, Financial Adviser to the Interim Government, has announced that individuals who are defaulting on loans will be barred from contesting in upcoming elections, as part of measures to enhance transparency and accountability in the electoral process.

Speaking to reporters after a meeting with Bangladesh Bank and the Election Commission on Wednesday, Ahmed said the move aims to prevent financially irresponsible candidates from holding public office.

"The Election Commission will rigorously scrutinise candidates' financial records in collaboration with the central bank. Those found to be in default will be disqualified from participating," he stated.

The adviser added that the initiative forms part of broade...