পাচারের ৩০ হাজার কোটি টাকা ফেরানো হয়েছে: গভর্নর | Bangladesh Bank Governor | Money Laundering

SOMOY TV

8 Sept 202401:58

Summary

TLDRThe Bangladeshi government is addressing the banking sector's liquidity crisis by implementing various reforms. The central bank is reviewing past policies and plans to modify the Banking Company Act to ensure it serves the public interest. The previous government's mismanagement led to a loss of 70,000 crore taka, and the current administration has started to recover 30,000 crore to alleviate the crisis. The central bank is also forming a task force with experts to combat money laundering. The Finance and Foreign Ministries are working together to recover funds from abroad, and the central bank assures it has not frozen any accounts for personal gains.

Takeaways

🏦 The government is taking visible steps to stabilize the banking sector after a downturn, with the central bank actively reviewing and modifying past policies.
📉 The central bank has acknowledged the need for continuous reforms to address the liquidity crisis caused by the previous government's policies.
🔍 It is mentioned that some policies were found to be serving only a few individuals, and the central bank plans to review and possibly cancel such policies.
💸 There was a significant outflow of 70,000 crore taka from the banking sector, causing a liquidity shortage in the market.
💹 The current government has started to address this issue by bringing back 30,000 crore taka to reduce the crisis.
🚀 Efforts are being made to improve the banking sector's liquidity by bringing in foreign and domestic experts to form a task force.
🌐 The central bank governor emphasizes the need for the foreign ministry to work with various organizations to rescue funds abroad.
🏢 The SLAM Group's assets will be purchased by the central bank, ensuring the management's responsibility but not providing a guarantee of ownership.
📚 The governor assures that the central bank has not frozen any accounts of organizations for the benefit of its employees.
🗣️ The central bank is actively communicating with Bangladeshi experts to manage the financial situation in Dhaka.

Q & A

What is the current situation of the banks in Bangladesh after the government's fall?
-The banks in Bangladesh are becoming more visible after the government's fall, and they are walking on the path of stability through various reforms.
What has the central bank of Bangladesh announced regarding the previous government's policies?
-The central bank has announced that they will review the policies of the previous government, which may have been serving only a few people's interests, and consider modifying the Banking Company Act.
What is the estimated amount of money that was outside the banking system during the previous government's tenure?
-It is estimated that around 70,000 crore taka was outside the banking system, causing a liquidity crisis.
What steps has the current government taken to address the liquidity crisis caused by the previous government?
-The current government has started by bringing back 30,000 crore taka to reduce the crisis.
What is the role of the central bank in managing the liquidity crisis?
-The central bank is working to manage the liquidity crisis by bringing back the money that was outside the banking system.
What measures are being planned to prevent future liquidity crises in the banking sector?
-The government is planning to form a task force with the help of domestic and foreign experts to prevent future liquidity crises.
What is the government's stance on the assets of the S Alam Group?
-The governor has warned that the assets of the S Alam Group will be acquired by the government, but they will not provide any guarantees for the management.
What actions are being taken regarding the accounts of organizations that were used for personal gains by employees?
-The governor has clarified that no organization's account has been frozen by Bangladesh Bank for the benefit of employees.
What is the role of the Foreign Ministry in addressing the banking crisis?
-The Foreign Ministry, along with various organizations, will work together to address the crisis and may need to transfer funds abroad.
What is the government's plan for the future of the banking sector in Bangladesh?
-The government is planning to review and possibly cancel policies that were not serving the public interest and work towards stabilizing the banking sector.

Outlines

00:00

🏦 Bank Reforms and Liquidity Crisis

The Bangladeshi government is taking visible steps to stabilize the banking sector after a financial downturn. The central bank is actively reviewing and reforming policies that were previously criticized for benefiting only a select few. The Governor of Bangladesh Bank, Ahsan Mansur, has expressed intentions to modify the Banking Company Act to ensure more equitable policies. The previous administration had caused a liquidity crisis by allowing 70 billion taka to flow out of the banking sector, leading to a shortage in the market. The current government has started to address this by bringing back 30 billion taka to ease the crisis. Additionally, the government is planning to form a task force with the help of domestic and foreign experts to manage the financial inflow and outflow more effectively.

Mindmap

Keywords

💡Bank

A bank is a financial institution that accepts deposits from the public and creates credit. In the script, the bank is central to the discussion about the financial health of the country. The stability of the bank is being discussed in the context of the government's policies and their impact on the economy.

💡Liquidity Crisis

A liquidity crisis refers to a situation where a bank or financial institution has insufficient cash or other highly liquid assets to meet its short-term obligations. In the script, it is mentioned that there was a liquidity shortage in the market due to a significant amount of money leaving the banking sector.

💡Central Bank

The central bank is the main financial authority of a country, responsible for monetary policy and regulation of the financial system. In the script, the central bank is taking steps to stabilize the banking sector and address the liquidity crisis.

💡Governor

The governor of a central bank is the head of the institution, responsible for its overall management and policy decisions. In the script, the governor, Ahsan Mansur, is quoted discussing the bank's policies and the steps being taken to address financial issues.

💡Banking Policy

Banking policy refers to the guidelines and rules set by a central bank or regulatory authority that govern the operations of banks. The script mentions that the central bank is reviewing and potentially canceling certain policies that may have been serving only a few individuals at the expense of the broader economy.

💡Review

In the context of the script, a review refers to the process of re-evaluating existing policies or practices. The central bank is conducting a review of banking policies to ensure they are equitable and beneficial to the broader economy.

💡Liquidity Shortage

This term is used to describe a situation where there is not enough cash or liquid assets available to meet the demands of depositors or creditors. The script discusses how the previous government's actions led to a liquidity shortage in the banking sector.

💡Foreign Ministry

The foreign ministry is a government department responsible for managing a country's relations with other countries. In the script, the foreign ministry is mentioned in relation to efforts to attract foreign investment and aid to help stabilize the economy.

💡Transparency

Transparency in this context refers to the openness and clarity with which the central bank and government are conducting their operations. The script mentions the need for transparency in the process of acquiring assets from the SELIM Group.

💡Task Force

A task force is a temporary group assembled to address a specific issue or complete a particular task. The script mentions the formation of a task force to manage the transfer of assets and to work with various organizations to stabilize the economy.

💡Account

In the financial context, an account typically refers to a record of financial transactions. The script discusses the central bank's stance on not holding accounts for organizations for their own benefit, emphasizing the importance of serving the public interest.

Highlights

The government is taking visible steps to stabilize the banking sector after a downturn.

The central bank is continuously working to ensure the stability of the banking sector.

Bangladesh Bank Governor Ahsan H. Mansur expresses confidence in the necessary reforms.

The Banking Company Act is set to be modified to include policy reviews.

Policies that seemed to serve only a few individuals will be reviewed and possibly canceled.

A significant liquidity crisis was created by the previous government's mismanagement, with 70,000 crores of taka leaving the banking sector.

The current government has started to address the crisis by recovering 30,000 crores of taka.

Liquidity shortage in the market due to the outflow of funds is being addressed.

A task force is being formed with the help of domestic and foreign experts to recover the stolen money.

The Finance Ministry and the Foreign Ministry will work together to recover funds from abroad.

A transformation will take place with various organizations to work together in this recovery effort.

The assets of the S. Alam group will be acquired by Bangladesh Bank under its own responsibility.

The governor assures that the bank will not take over any organization's account for the benefit of its employees.

Bangladesh Bank has not frozen any accounts of the employees.

The governor calls upon Bangladeshi experts for their timely assistance.