BFIU didn’t block company accounts; banks, financial institutions may have done in their own accord

It also acknowledged the blocking of company accounts had resulted within the disruption of each day activities of firms, comparable to salary disbursement and import-export linked transactions

TBS File

09 September, 2024, 07:10 pm

Remaining modified: 09 September, 2024, 07:14 pm

BFIU didn't block company accounts; banks, monetary institutions could presumably maybe well hang done of their hang accord

A pair of banks and monetary institutions had suspended transactions of some company accounts this capacity that of their association with folks below investigation, nonetheless this wasn’t at the direction of the Bangladesh Financial Intelligence Unit (BFIU), the agency has acknowledged.

Clarifying the peril in an announcement released at the present time (9 September), the BFIU acknowledged for the explanation that descend of the Sheikh Hasina-led authorities, it excellent froze the accounts of folks and sole proprietorships, nonetheless no company memoir has been blocked.

It acknowledged the blocking of company accounts had resulted within the disruption of each day activities of firms, comparable to salary disbursement and import-export linked transactions.

“Such activities were now now not directed by the central bank and are now now not neat in any admire,” it acknowledged.

Earlier on Sunday, Bangladesh Bank Governor Ahsan H Mansur acknowledged, “The Bangladesh Bank has now now not frozen bank accounts of any industry entities to substantiate that that that all firms dwell operational.

“Industry groups will continue to goal as fashioned, and the salaries of their officers and workers will likely be paid.”

The central bank governor additional clarified that no bank accounts held by firms belonging to S Alam Community or Beximco had been closed so some distance.

“Some folks hang unfold misinformation about these components; per chance some banks themselves hang done it on their hang accord,” he added.