Another loan defaulter of Agrani Bank arrested | The Business Standard
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SUNDAY, DECEMBER 03, 2023
Another loan defaulter of Agrani Bank arrested

Banking

TBS Report
09 August, 2023, 09:55 pm
Last modified: 09 August, 2023, 09:58 pm

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  • Another loan defaulter of Agrani Bank arrested

Another loan defaulter of Agrani Bank arrested

TBS Report
09 August, 2023, 09:55 pm
Last modified: 09 August, 2023, 09:58 pm
Another loan defaulter of Agrani Bank arrested

Another loan defaulter of Agrani Bank has been arrested as the state-owned bank is taking strict legal action to recover its defaulted loans.

Ashik Ibn Alam, director of NNA Auto Rice Mills Limited, a defaulting borrower company of the bank's main branch, has been arrested recently, reads a press release.

Agrani Bank filed the case in the money loan court of Dhaka on 1 October 2020 with the aim of collecting Tk31,10,78,000 from the company.

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In the case, the court issued an arrest warrant against the four defendants under Section 34(1) of the Money Loan Court Act 2003. In view of this, a team from Dhanmondi police station arrested Ashik Ibn Alam.

Earlier on 20 July, Sheikh Khajauddin, director of M/s Phoenix Leather Complex (Pvt) Ltd, a defaulting borrower company of the bank's Bangabandhu Avenue corporate branch, was arrested.

Bangladesh

Agrani Bank / Agrani Bank Limited

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