MPs ask govt to bring bank looters to book

Staff Correspondent | Published: 01:25, Jun 11,2018 | Updated: 01:38, Jun 11,2018

 
 
bangladesh budget 2018-19

Inside view of Bangladesh Parliament.

Treasury and opposition bench lawmakers on Sunday asked the government to bring bank-looters to book.
Speaking on the supplementary budget, the lawmakers also criticised the government for its failure to bring order in the banking sector.
‘It is necessary to bring order in the banking sector,’ Awami League lawmaker Ali Ashraf told Jatiya Sangsad with speaker Shirin Sharmin Chaudhury in the chair.
Another AL MP Sohrab Uddin said that thousands
of crores of taka was not realised due to complexity in income tax law. ‘If the law is modernised, more amount of tax will be realised,’ he said.
He asked the government to offer opportunities for disclosing undisclosed money. ‘The government should give an opportunity to black money holders so that they can whiten their undisclosed money,’ he said.
‘People are afraid of keeping money in banks. That’s why money laundering is taking place,’ he said.
Taking the floor, opposition Jatiya Party lawmaker Kazi Firoz Rashid slammed the government for its misrule and looting. ‘The country has experienced misrule and rampant looting. There is nobody to look into the matters,’ he said.
Pointing at the lack of good governance, the lawmaker said that even an hour-long shower could submerge the city roads. ‘It proves that the country lacks good governance.’
Rashid said that despite ongoing looting in the banking sector the finance minister in his proposed budget was protecting the bank owners. ‘It means, you are taking side with moneyed men. The poor people will cast votes for you in the next election. You will not find the well-off people before the polls as many of them will fly abroad,’ he said.
The JP lawmaker asked the government why it was not taking measures against Farmers Bank.
Another JP lawmaker Peer Fazlur Rahman said that the disparity between the rich and the poor was increasing as the state had failed to take measures to reduce the disparity.
He came down heavily on the finance minister for not taking measures against bank-looters. ‘The finance minister said recently that he would not set up a banking commission, which means that he has backtracked. As a result, the banking sector will face more threats.’
Independent lawmaker Rustam Ali Farazi stressed the need for improving administrative skills to implement the budget.
He alleged that corruption had spread in all areas. ‘Corruption has spread in all areas, including the service sector and land offices. There has been a lack of monitoring to stop the ill practice.’
Finance minister AMA Muhith placed the proposed national budget for the 2018-19 fiscal in parliament on Thursday. This will be the last budget of the Awami League-led government’s second consecutive term expiring in January 2019.

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