Hall-Mark Loan Scam 27 sued, finally After two and a half months’ investigation, the Anti-Corruption Commission yesterday filed 11 cases against 27 top officials of Sonali Bank and Hall-Mark Group for misappropriating over Tk 1,568 crore in depositor’s money. The sum, which was funded loan meaning given in cash, is part of
sonali bank loan scam
Sonali Bank to file case against its officials, Hallmark MD
Sonali Bank management will file criminal cases in a day or two against some of its officials and Hallmark Group managing director and chairman in connection with swindling of more than Tk 3,606 crore from the bank, a top official of the bank told New Age on Tuesday. ‘We have already made the first information ... Read more
Writ seeks judicial commission to probe Hallmark scam
A writ petition filed with a High Court bench sought a direction to the government to constitute a judicial commission to investigate and ascertain the truth about the ‘blame game of the Sonali Bank loan scam’ in order to award exemplary punishment to the perpetrators and abettors of the scam. The petition, filed as public ... Read more
Swindle unearthed at another branch
Sonali Bank Scam Swindle unearthed at another branch Tk 159cr loan given illegally Like its scam-hit Ruposhi Bangla Hotel branch, Sonali Bank’s Gulshan branch has helped a number of companies to swindle Tk 159 crore out of it. The branch approved and disbursed the money in loans and advances in the last two and a ... Read more
Muhith says sorry
Loan Remarks Muhith says sorry Sonali board’s role questioned Facing a barrage of criticism from both in and outside of parliament, Finance Minister AMA Muhith yesterday made an apology for his remarks on the Sonali Bank loan scam that the Tk 4,000 crore swindled by Hall-Mark Group was a paltry amount. “I should not have ... Read more
Two Sonali Bank DMDs made OSD
Two GMs also removed The government on Tuesday made Sonali Bank Limited deputy managing directors Atiqur Rahman and Mainul Haq officer-on-special duty following the bank’s financial scandal in siphoning out around Tk 3,600 crore by the Hallmark Group. The ministry of finance in an order on the day made the officials of the state-owned bank
The enemy within
Inside the bank, it was in the air that something grossly wrong was going on at three Sonali Bank branches — Ruposhi Bangla, Gulshan and Motijheel local office — regarding loans to a powerful company named Hall-Mark. It was also in the air that some influential political figures were involved in the still unknown scams ... Read more