Finance minister amir khosru mahmud chowdhury today said the government would continue legal action against individuals involved in corruption and would not provide them with immunity. he also said the government will not shut down a company solely because its owner or an individual associated with it faces corruption allegations.:inance Minister Amir Khosru Mahmud Chowdhury today said the government would continue legal action against individuals involved in corruption and would not provide them with immunity. He also said the government will not shut down a company solely because its owner or an individual associated with it faces corruption allegations.
According to Bangladesh Sangbad Sangstha, the minister, while responding to a supplementary question from NCP lawmaker Abdul Hannan Masud (Noakhali-6) in the Jatiya Sangsad today, emphasized the importance of distinguishing between the legal identity of a corporate entity and the personal liability of individuals accused of corruption. He stressed that corporate identity is separate from individual identity.
The minister stated that authorities could prosecute individuals accused of corruption and bring them to justice, but the operation of a company should be considered separately because a company functions as an independent legal entity. He highlighted that shutting down a company due to allegations against an individual could have wider economic consequences, affecting employees, creditors, loan repayment, and the company's contribution to the economy.
He further explained that economic decisions must follow law and established financial principles rather than emotion. He rejected allegations that Bangladesh Bank was violating the law by providing loan-related facilities to defaulting companies. The minister clarified that companies could receive rescheduling or restructuring facilities only where existing law and regulations allowed such measures.
Khosru reiterated that the government was not protecting individuals accused of corruption. He assured that cases are being filed against those involved, and they will face action. He explained that while legal action against individuals would continue, the companies associated with them could remain operational to protect employment, economic activity, and the repayment of outstanding liabilities.
The finance minister emphasized that the government was pursuing two separate considerations: ensuring the continuation of companies' legitimate economic activities where legally appropriate and ensuring that individuals responsible for corruption face the law. He concluded by affirming that the government would continue to deal with the financial sector according to legal and institutional principles while pursuing corruption cases against individuals responsible for wrongdoings.