HC seeks details of Bangladesh Bank officials responsible for overseeing money laundering

The High Court today released the full text of its order seeking Bangladesh Bank's explanation on why its officials concerned have failed to detect and prevent irregularities, corruption and money laundering and what steps have been taken against them.

Bangladesh Bank has been directed to provide the names, status and addresses of the officers who were functioning in the departments concerned in the central bank between January 1, 2008 and January 1, 2020, and to submit a report as to why they failed to detect and prevent the irregularities, illegalities, corruption and money laundering offences for so long, the HC said in the full text order.

The HC bench of Justice Md Nazrul Islam Talukder and Justice Mohi Uddin Shamim also ordered the Bangladesh Bank to submit the report to the court by February 15.

The bench made the order on January 21 while hearing on a suo moto (voluntary) rule issued earlier in this regard.

On the same day, the HC bench rejected a petition filed by Md Asaduzzaman Khan, provisional liquidator of the PLFS and also the deputy general manager of the central bank, to become a party in the case.

Issuing the suo moto rule, the bench on November 19 last year wanted to know from the authorities concerned what steps were taken to bring home Proshanta Kumar Halder, also known as PK Halder, from abroad in connection with a money laundering case.