Dhaka: Finance Minister Amir Khosru Mahmud Chowdhury today emphasized the Bangladesh Nationalist Party (BNP) government’s unwavering commitment to maintaining financial discipline amid demands from the opposition concerning Islami Bank Bangladesh PLC.
According to Bangladesh Sangbad Sangstha, Khosru assured lawmakers in the Jatiya Sangsad that the BNP prioritizes financial discipline and will not compromise on it, responding to demands from Jamaat-e-Islami lawmakers for the return of Islami Bank shares to their alleged rightful owners and an end to what they termed as unwarranted interference in the bank’s management. Opposition Leader and Jamaat-e-Islami Ameer Dr. Shafiqur Rahman raised the issue through a notice of public importance under Rule 68 of the Rules of Procedure.
Khosru articulated that the BNP has historically ensured macroeconomic stability and prudent financial management during its governance periods. He emphasized that financial discipline is crucial for restoring economic confidence and strengthening the banking sector, especially as the government works to stabilize an inherited fragile economic situation.
Addressing concerns about Islami Bank, Khosru dismissed fears that appointing a new chairman could lead to mass withdrawals by depositors, asserting that customers focus on the security and trustworthiness of the bank. He alleged that organized efforts are undermining public confidence through demonstrations, stressing the government’s dedication to safeguarding the banking sector and enabling Bangladesh Bank to operate independently and lawfully.
Home Minister Salahuddin Ahmed joined the discussion, advocating for thorough investigations into allegations involving Islami Bank, including a significant loan to Nabil Group and concerns over corporate social responsibility funds, recruitment practices, and political activities. He highlighted the dismissal of around 9,000 employees and the recruitment of approximately 6,000 new ones following the bank’s takeover.
Dr. Shafiqur Rahman, in his notice, argued that Islami Bank had begun recovering post-regime change and was regaining customer confidence. He accused the government of trying to control the bank by appointing controversial figures, alleging corruption links among new leadership roles. Rahman emphasized that Islami Bank serves a diverse customer base across political and religious lines.
The discussion also saw contributions from Deputy Leader of the Opposition Syed Abdullah Mohammed Taher and Jamaat lawmakers, who voiced concerns about Islami Bank’s future management and ownership. Both government and opposition members stressed the importance of protecting depositors’ interests and maintaining trust in the banking system.