Bangladesh Bank (BB) has issued show-cause notices to the Managing Directors (MDs) of six banks for their alleged involvement in dollar manipulation recently.
Besides, an investigation is going on against 12 other banks on the same allegations, reports UNB.
Earlier, the action was taken by the central bank against the treasury heads of these six banks.
The BB took a week for examining the authenticity of the collected documents and then issued the show-cause notices on Wednesday.
According to a BB source, more than a dozen banks have been brought under its scanner. For this, foreign exchange transaction information has been sought from all these banks.
Md Sirajul Islam, executive director and spokesperson of the Bangladesh Bank told that action is being taken against the MDs of six banks due to their alleged involvement in the dollar manipulation.
“Some other banks have been brought under investigation. Action will be taken against those banks if found guilty in the probe,” he said.
Bd-pratidin English/Lutful Hoque/Golam Rosul
