Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Thursday, May 25, 2017 06:38:20 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

IBBL`s inner conflicts deepen

Its top brasses make self-contradictory statements on Zakat Fund

By
20th-May-2017       Readers ( 128 )   0 Comments
Comments
Share your thought
Post a comment »
Read all (0) »

Staff Reporter :
The internal conflicts in the newly restructured Islami Bank have deepened with the issuance of statements on the bank's stance on Zakat Fund by its Chairman and the Vice-Chairman.
Arastoo Khan, new Chairman of the Islami Bank Bangladesh Ltd (IBBL) on Thursday differed with the media reports that the bank would give Tk 450 crore to the Prime Minister's Zakat Fund.
Terming the reports as 'completely bogus' he said the bank is now holding only Tk 28 crore in its Zakat Fund'.
The IBBL Chairman also alleged that its vice-chairman Syed Ahsanul Alam Parvez frequently made false statements to the media, questioning the bank board members' credibility.
"The IBBL vice-chairman also commented about the report that the bank would disburse Tk 13 crore during the Ramzan to the Muslim citizens as iftar donation through the government's Social Welfare Department, which was not correct," Arastoo said.
"The board decided to disburse the money but it would be provided under its own management," he added.
"Ahsanul talked to media persons and gave false information to reporters in the last 15 days, which tarnished the image of the bank, government and the prime minster," Arastoo told the press conference organised by the IBBL at its headquarters in the capital.
The bank's vice-chairman raised such type of issues that were not discussed at all at the bank's board meeting, the bank chief also said.
"The bank is yet to appoint any spokesperson to talk to the media, but Ahasanul gave comments violating the banking rules," he claimed.
Meanwhile, Ahsanul on May 13 claimed that he had been threatened and asked to step down from the bank's board.
In a Facebook post, Ahsanul, also an independent director of IBBL, said that some top officials of the bank backed by corrupt government officials were involved in an 'exclusion-inclusion conspiracy' in the bank's board of directors.
Such conspiracy might force me to resign from the bank's board, he said in the Facebook post.
The IBBL chairman also contradicted Ahsanul's media statements where he said that the list of beneficiaries of the corporate social responsibility (CSR) programme run by IBBL would be sent to the home ministry for investigation.
"The board did not take any such decision," The IBBL Chairman said.
Asked whether IBBL would remove Ahsanul from its board, Arastoo said that the independent directors usually enjoy more power than the shareholder directors.
It is a long process to remove any independent director from a bank's board, he pointed out.
In a reply to a call over mobile phone, Ahsanul informed The New Nation through an SMS (short message service) that the bank did not arrange any security measure for him, so he could not attend the meeting.
In an opaque reference to the threat he faced, the IBBL vice-chairman said, 'IBBL did not file any general diary. An officer only sent an application form to me so that I could file the GD myself.'
Arastoo, however, at the press conference claimed that in reply to a bank's request to attend the press briefing, the IBBL vice-chairman had informed him that he was now in New Delhi of India.
The Islamic Development Bank (IDB), a Saudi Arabia-based sponsor of IBBL, earlier took decision to sell around 5 per cent of its total shares in IBBL. IDB holds 7.5 per cent of the bank's shares.
IBBL, allegedly having connection with Jamaat-e-Islami leaders, went through a major restructuring in its management and board in January this year in accordance with government's desires.
On January 5, former IBBL Chairman Mustafa Anwar, Its Vice-Chairman M Azizul Huq and Managing Director Mohammad Abdul Mannan resigned from the board and former Bangladesh Commerce Bank Chairman Arastoo Khan was made the new Chairman of the bank.
The then Union Bank Managing Director, Md Abdul Hamid Miah, was made the new Managing Director of IBBL.

0 Comments. Share your thoughts also.
Write a comment
Tariff
Add Rate

News Archive

Inside The New Nation

City »

Law Commission submits annual report to President


Law Commission submitted its Annual Report-2016 to President M Abdul Hamid at Bangabhaban here on  Wednesday afternoon.A four-member delegation, led by its Chairman Justice ABM Khairul Haque, submitted the report to Abdul Hamid, President's Press Secretary told BSS.Justice Khairul Haque apprised the President of the commission's overall activities and its ...

Entertainment »

Kriti reminisces her journey as Heropanti completes 3 years


Kriti Sanon went down a nostalgia trip as her debut movie Heropanti has completed 3 years yesterday. The beautiful actress recollected memories from her past for completion of 3 years of Heropanti. She terms her journey as the most special one of her life. Kriti took to twitter sharing, “3 ...

International »

Pope urges Trump to use his presidency for peace


AFP, Vatican City : Pope Francis urged Donald Trump to use his US presidency for peace as two leaders who have sparred repeatedly through the media finally met in a Vatican encounter that ended in broad smiles, for the cameras at least.Trump's audience with the pontiff, a keenly-anticipated highlight of his ...

International »

Xi urges Taiwan business lobby to back 'one China' principle


Reuters, Beijing :Chinese President Xi Jinping urged a business lobby for Taiwan enterprises on the mainland to support the "one China" principle and contribute to unity between Beijing and Taipei, state media said on Wednesday.China regards Taiwan as a renegade province to be recovered by force if necessary, after defeated ...

Editorial »

Chaos at Islami Bank is not to the nation`s interest


THE unrest in the Islami Bank -- the largest and most profitable bank in the country just over five months of its change over to a new management and ownerships liquidating the control of Jamaat people on the bank just shows the ominous sign of greater destabilization within the bank. ...

Cricket »

Mumbai Indians captain Rohit Sharma (center) Parthiv Patel (left) and bowling coach Shane Bond pose for a picture with the Indian Premier League (IPL) trophies from last three wins after a press conference after their IPL 2017 win in Mumbai, India on Monday.


City »

Jatiya Press Club General Secretary Farida Yasmin was accorded a grand reception for achieving US Special Congressional Award at the Jatiya Press Club Auditorium yesterday. Chief Guest of the function Information Minister Hasanul Haq Inu along with BFUJ Secretary General Omar Faruk and other special guests seen handing over the citation crest.


Entertainment »

Half Girlfriend is Shraddha`s fourth best opening


Shraddha Kapoor and Arjun Kapoor starrer Half Girlfriend has raked in a whopping 10 crores of moolah at the box office on its day one. This is Shraddha’s fourth best opening after Ek Villain, ABCD 2 and Baaghi, also withstanding the fact that all these films opened to a two ...

International »

Trump plays up ME peace hopes after talks with Abbas


Reuters, Bethlehem : US President Donald Trump talked up the prospects of peace between Israelis and Palestinians on Tuesday, saying he believed both sides were committed to an historic deal, but he offered no concrete proposals on how to get there.After an hour of talks with Palestinian President Mahmoud Abbas ...

International »

Outgoing WHO Chief says world 'better prepared' for health crises


AFP, Geneva  :The World Health Organization's outgoing chief Margaret Chan defended her legacy Monday, insisting the world had become better prepared to face health emergencies like Ebola on her watch.In her final address to WHO's member states, Chan acknowledged that mistakes had been made during her decade at the helm, ...

Editorial »

Police can`t commit excesses like politicians


MEMBERS of law enforcement agencies or police for that matter surely have the professional right to conduct search operations based on accurate tip-offs but that doesn't mean it can wreak havoc and cause chaos in the name of such professional duty. The police search operations at main opposition party BNP ...

Football »

Dhaka Abahani emerge group champions beating Muktijoddha SKC 1-0


Defending champion Dhaka Abahani Limited emerged Group A champions to reach the quarterfinal of the Federation Cup Football Tournament beating Muktijoddha Sangsad KC by 1-0 goal in the last Group A match at the Bangabandhu National Stadium here on Monday.Rubel Mia scored the match-winner for popular sky-blue Dhanmondi outfit in ...

Entertainment »

Rhea Chakraborty snips her long tresses for Half Girlfriend


The actress plays a spirited Indo-American in the Arjun Kapoor-Shraddha Kapoor starrer Half Girlfriend, and to fit her character, she had to chop her long locks - an act she hasn't done for many years. “I’ve always had long hair and it’s something I’m proud of. Apart from trimming ends, ...

Entertainment »

Tendulkar family to grace TV screens together for the first time


Master Blaster Sachin Tendulkar will be seen promoting his biographical drama, Sachin: A Billion Dreams, on a Marathi chat show. Midst the much anticipation of the film Sachin: A billion dreams that marks the most iconic moments of the cricketing legend, the God of cricket will indulge in a light ...

City »

Deputy Prince of Saudi Arabia Soud Bin Khaled Al Faisal welcomed Prime Minister Sheikh Hasina upon her arrival at Prince Mohammad Bin Abdul Aziz Airport, Medina in Saudi Arabia on Monday.


 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news