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Take loans, leave country: How some Ctg businesses are avoiding paybacks

A large number of loan defaulters leaving the country and settling abroad has put the banks and financial institutions in Chattogram in a crisis. According to banks, industry insiders, lawyers, and court officials, 33 owners of 22 business organisations in Chattogram have left the country in the last one decade after borrowing around Tk20,000 crore. Eleven of these businessmen ....

United Kingdom , United States , Bangladesh General , City Of , United Arab Emirates , Humaira Karim , Zahir Uddin , Morshed Murad Ibrahim , Nazmul Abedin , Ferdous Khan Alamgir , Maksudul Alam , Zainal Abedin , Mohammad Mojaher Hossain , Abdul Hai , Liakat Ali Chowdhury , Mohammad Morshed , Syed Mahmood Akhtar , Abdul Alim Chowdhury , Rezaul Karim , Rashed Murad Ibrahim , Didarul Alam , Mohammad Isa Badsha , Muhammad Ali , Mahjabeen Morshed , Anwarul Haque Chowdhury , Faisal Murad Ibrahim ,

Half of top 20 defaulters from Chattogram: What went wrong?

Judgement errors during aggressive lending to ship breaking and wholesale commodity market now put entire banking sector under tremendous stress ....

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