Publish: 14:48, 06 Feb, 2025

New receiver appointed at BEXIMCO Group

Online Desk
New receiver appointed at BEXIMCO Group

Bangladesh Bank’s executive director Md Ruhul Amin suspended as the receiver of BEXIMCO group.

Following the suspension, another executive director of the central bank, Khasru Parvez, was appointed as the receiver for the group on Tuesday.

Central Bank’s spokesperson and executive director Arif Hossain confirmed this matter to the media.

According to the insiders, Md Ruhul Amin’s suspension took places as he failed to bring success in ensuring fair management.

After a meeting on 28th January, the Labour and Employment and the Shipping adviser Dr M Sakhawat Hossain said that three decisions have been taken regarding BEXIMCO.

Closing down the 13 companies that were laid off, dismissing the receiver of BEXIMCO, and arranging to pay the salaries and allowances of the officers and employees of the laid-off companies by selling the shares of BEXIMCO Pharmaceuticals and Shinepukur Ceramics listed on the stock market that were mortgaged to the lending banks.

He also said that the BEXIMCO Group has committed a bigger scandal than stealing the reserves of Bangladesh Bank. The group has taken loans of Tk 28,544 crore through companies related to the textile and apparel sector. Of the 32 companies mentioned under the BEXIMCO Industrial Park, 16 are non-existent.

Salman F Rahman, vice chairman of BEXIMCO Group, was former prime minister Sheikh Hasina's private industry and investment advisor. He was arrested after the Awami League government was toppled in a student uprising. He is currently in prison. BEXIMCO is one of the country's leading garment exporters and pharmaceutical manufacturers.

Bd-Pratidin English/ AM

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