Social Islami Bank has filed a suit against Gonoshasthaya Grameen Textile Mills for not paying off a Tk 3.66 crore loan in time.
Md Sadequl Islam, Sirajganj district branch manager of the bank, filed the suit with Sirajganj Artha Rin Adalat (money loan court) on Wednesday.
The mill apart, 12 people were made defendants, including Managing Director Saiful Islam Shishir and directors Dr Muhammad Yunus and Dr Zafarullah Chowdhury.
The court of judge Matiur Rahman took the suit into cognisance. Md Nurul Amin, Social Islami Bank’s counsel, said the bank filed the suit, as the mill did not repay the loan although a legal notice had been served against it.
Asked, Managing Director of Gonoshasthaya Grameen Textile Mills Saiful Islam Shishir said he was unaware of the money suit.