SC upholds removal of NRBC Bank MD by BB

Staff Correspondent | Published: 00:31, Jan 12,2018 | Updated: 01:23, Jan 12,2018

 
 

The Appellate Division on Thursday upheld Bangladesh Bank’s recent order removing loan scam tainted NRB Commercial Bank’s managing director Dewan Mujibur Rahman.
A five-judge bench headed by Acting Chief Justice Md Abdul Wahhab Miah said that its previous stay on the High Court’s order of staying Bangladesh Bank’s order on removal of Mujibur Rahman would continue.
The bench also disposed of the petition filed by Bangladesh Bank and NRB Commercial Bank Ltd challenging the High Court’s order that had stayed the removal order.
On December 7, 2017, a bench of Justice Syed Muhammad Dastagir Husain and Justice Md Ataur Rahman Khan had issued the rule and stayed the banker’s removal after hearing his writ petition.
On the following day, Dewan Mujibur Rahman was sent on forced leave by board of directors of the NRBC Bank.
In a rule, the High Court had also asked the central bank to explain why removal of NRBC’s managing director by a general manager of Bangladesh Bank on December 6, 2017 would not be declared illegal.
Respondents, BB governor, finance ministry secretary, BB general manager and four others, were asked to reply to the rule.
Later, the Appellate Division’s chamber judge vacated the HC’s stay and referred the matter for regular court’s hearing.
Senior lawyer Md Nozrul Islam Chowdhury with his junior Hamida Chowdhury appeared for the banker while NRBC Bank was represented by Mehedi Hasan Chowdhury.

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