The High Court will hear statements of the Bangladesh Bank's governor and the Anti-Corruption Commission's (ACC) chairman, on 25 February, about how to work together on curbing irregularities and corruption in banking and non-banking financial institutions.
A single-member bench of Justice Mohammad Khurshid Alam Sarkar on Tuesday passed the order during a hearing on loan defaulters of People's Leasing.
The court has also re-constituted its fact-finding committee to look into the financial corruption and economic collapse of three non-banking financial institutions – Bangladesh Industrial Finance Committee (BIFC), International Leasing and People's Leasing.
If any official of the Bangladesh Bank is involved in this corruption, the committee will also look into it, the court has ordered.
The committee has been asked to submit a report to the court within three months in this regard.
Earlier in the day, as per last year's directive, the Bangladesh Bank submitted a list of five-member committee, headed-by the Bangladesh Bank's deputy governor AKM Sajedur Rahman Khan, to the court.
The members of the committee are the central bank's Executive Director AKM Fazlur Rahman and general managers Kabir Ahmed plus Nurul Amin. Meanwhile, Deputy General Manager Sarwar Hossain was made the member secretary.
The court, on Tuesday, asked the central to add two more persons – former District and Sessions Judge Maidul Islam and former secretary Nurur Rahman – to the committee.
The committee will give suggestions about irregularities and looting that have taken place in financial institutions so that such incidents do not happen again in the future.
Additionally, the committee will look into the role of those who were in charge at the Bangladesh Bank. It will also be able to talk to officials of the central bank, as well as officials of financial institutions, and interrogate them.