Monday, December 11, 2023

Sonali directors put blame on management

Hall-Mark Loan Scam Sonali directors put blame on management Immediate-past directors of Sonali Bank yesterday tried to wash their hands of the Hall-Mark loan scam and blamed the Tk 2,686 crore swindle squarely on the bank’s management. A four-member parliamentary probe committee held a meeting with the bank’s nine former directors for nearly three hours ... Read more

Sonali board members blame management

Hallmark Scam Sonali board members blame management Four members of the board of directors of Sonali Bank on Wednesday alleged the bank management was involved in the Hallmark money swindling, claiming their non-involvement in the loan scam. Members of the board of directors Suvas Chandra Singho Roy, Jannat Ara Henry, KM Zaman Romel and Sattayendra Chandra ... Read more

ACC starts Sonali scam probe

Tk 500cr embezzlement ACC starts Sonali scam probe The Anti-Corruption Commission has started inquiry into an allegation of embezzlement of around Tk 500 crore from three more branches of Sonali Bank. The three branches are the Sonali Bank’s local office, Gulshan branch and Agargon branch, an ACC official told New Age. The ACC on Monday formed ... Read more

More time needed to file cases against bank officials, Tanvir: Sonali MD

Sonali Bank managing director Pradip Kumar Dutta on Thursday said that the bank needed more time to file criminal cases against some of its officials and Hallmark Group’s managing director and chairman in connection with swindling of more than Tk 3,606 crore from the bank. The bank has already appointed two lawyers and continued the ... Read more

Sonali to sue culprits

Tk 3,606cr Swindle Sonali to sue culprits The finance ministry yesterday asked the Sonali Bank to file criminal cases against the officials of the bank and Hall-Mark Group involved in the recent loan scam. The bank and financial institutions division of the ministry in a letter directed the bank’s management to take “departmental and legal ... Read more