Muhith terms BB bogus

Finance Minister AMA Muhith on Wednesday termed Bangladesh Bank (BB), the central bank of the country, as “bogus” as the bank did not respond him.

The finance minister came up with the observation in a programme at the ministry, in front of the businessmen. Earlier several times, he expressed his dissatisfaction with the bank but this is the first time he came up with such harsh comment publicly. In an angry tone, finance minister said: “BB is not giving incentives against TT (telegraphic transfer) even after my approval.” He added: “At this moment, I am giving order to complete the task by this week… why the bank (BB) is not carry out my directives? I am disturbed and annoyed.” Finance Secretary Fazle Kabir, Chairman to National Board of Revenue (NBR) Golam Hossain, FBCCI President Kazi Akram Uddin and Executive Director Moniruzzaman were among others present at the meeting.