The Department of Jute is not getting the trace of bank documents related to revenue collection during jute exports from the 2014-15 fiscal year to 2019-20 fiscal year.
In a letter to the central bank, the department requested for relevant revenue collection papers that the banks have stored.
The letter signed by Jute department Director General Enayet Ullah Khan and Director SM Arshad Imam said the department does not have any document to estimate the raw jute export inspection fees in the six years. Therefore, it was unable to settle audit claims.
Subsequently, the Bangladesh Bank asked the banks to provide the department with the transaction papers in the shortest possible time.
The director general of the jute department could not provide any information about the amount that has not been matched against the unsettled audit claims. The central bank also has no information in this regard.
A Bangladesh Bank official told The Business Standard that he was surprised as the jute department had not said anything about the missing papers for so long.
Jute department Director SM Arshad Imam told TBS that the document missing issue came to light as they initiated the settlement of the audit claims. He said that they assumed the invoices were being submitted as usual.
He also was unsure about the amount that had not been matched against the unsettled audit claims.
A raw jute exporter Rashedul Karim Munna said before proceeding to the export, they get a clearance from the department after an inspection. The exporters deposit the inspection fee to banks while handing over the export documents.