Enough money in banks, not for looting: PM...

Dhaka, Thursday   13 August 2020

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Enough money in banks, not for looting: PM

 Staff Correspondent daily-bangladesh.com

 Published: 09:52 PM, 17 June 2019   Updated: 12:15 AM, 18 June 2019

Photo: Collected

Photo: Collected

Prime Minister Sheikh Hasina said that there is enough money in the banks, but not for looting.

The premier made the remark while on Monday addressing a closing speech before the passage of the supplementary budget for 2018-19 fiscal in the parliament on Monday.

Hasina, the leader of parliament, was talking on behalf of ailing finance minister AHM Mustafa Kamal.

She made the comments when opposition on Sunday came down heavily on the government for its failure to check money laundering, soaring loan defaults, and black money. They also alleged that the banking sector suffering a lot.

“Many people are saying that there is no money in banks. Why there should be no money? Of course, there is money in banks,” Hasina said. “But that money is not for looting."

“We know the people who have looted banks in the past. Many have looted a lot of money from banks and some of them are in prison on allegations of corruption,” Hasina told the House.

 “Bangladesh has been able to keep foot with the many countries in the world to achieve high growth because of its efficient economic management. The whole world is surprised at this. Bangladesh is now wonder of development to the world. Wherever we go, we get that honor. The people of this country get the honor. Therefore, it is better not to mislead the common people by talking unnecessarily. If we did not work, the poverty rate would not fall from 40 percent to 21 percent. We will reduce the poverty rate from this 21 percent,” Prime Minister also said the house.