IBBL not involved in militant financingClaims the bank authority

Posted by BankInfo on Thu, Mar 03 2011 05:40 am

The authority of Islami Bank Bangladesh Limited (IBBL) has rejected a media report on financing 8 per cent of the bank's dividend to militant organisations in the country.

Earlier on February 28, several electronic media broadcast the news quoting State Minister for Home Affairs Shamsul Haque Tuku.

Several print media also published the news on Tuesday.

The bank was never involved in any sorts of militant financing, said a press release signed by Muhammad Sakhawatur Rahman, senior vice president of the bank. It claimed that the bank's books of accounts and annual reports are open to all.

News: Daily Sun/ Bangladesh/ Mar-03-2011

Posted in News, Banking

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