Former Bangladesh Bank Governor Atiur Rahman Accused of Corruption and Major Irregularities!

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Former Bangladesh Bank Governor Dr. Atiur Rahman has faced several serious allegations of corruption and irregularities during his time in office, which had a major impact on the banking sector. Below are the key allegations summarized:

1. Hiding Information About Reserve Theft

On February 4, 2016, around $101 million was stolen from Bangladesh Bank’s foreign currency reserves. Even after confirming the theft, the Bank did not inform the government or relevant authorities for 24 days. Although the then Deputy Governor, Abul Kashem, reported the issue to Governor Atiur Rahman, he instructed everyone to keep it secret and ignored advice to file a General Diary (police report). A government-formed investigation (Fazle Kabir Committee) later described Atiur Rahman’s actions as “misconduct” and a “serious offense.”

2. Relaxed Loan Policy for Defaulters

During Atiur Rahman’s term, the rules for loan defaulters were made more flexible. In 2015, a policy allowed defaulters to renew their loans for up to 12 years by paying just 1-2% as a down payment. This lenient rule gave unfair advantage to loan defaulters and harmed the banking system.

3. Embezzlement of Tk 297 Crore in Enetex Loan Scandal

In 2025, the Anti-Corruption Commission (ACC) filed a case against Atiur Rahman and 22 others, accusing them of approving and disbursing Tk 297 crore in loans to Enetex Group, which were later embezzled. The case statement says the money was misappropriated through fraud and deception.

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