4 BB officials resign

bangladesh bank bb

Four senior officials of Bangladesh Bank have resigned, including two Deputy Governors, the head of the Bangladesh Financial Intelligence Unit (BFIU), and a policy advisor.

The officials who resigned are Deputy Governor-1 Kazi Saidur Rahman, Deputy Governor-3 Khurshid Alam, BFIU Chief Masud Biswas, and Central Bank Policy Advisor Farah Mohammad Nasser. This information was confirmed by Bangladesh Bank sources on Monday, August 12.

Earlier in the day, students issued an ultimatum for the resignation of the four top officials by 1 PM. The ultimatum was delivered at the Bangladesh Bank’s headquarters around 12:30 PM by Mohuddin Roni on behalf of the students.

Roni stated that on August 4, Beximco Group’s chairman, Salman F. Rahman, embezzled $30 million from the Export Development Fund (EDF). He argued that if these officials remained in their positions, further financial plundering could destabilize the country.

The students demanded the resignation of the four officials by 1 PM, warning that they would lay siege to the Bangladesh Bank if their demands were not met.

Prior to this, Bangladesh Bank Governor Abdur Rouf Talukder submitted his resignation to the Ministry of Finance on Friday at 3 PM, citing personal reasons.

On Wednesday, August 7, a group of officials staged a protest demanding the resignation of the governor, four deputy governors, the advisor, and the head of the financial intelligence unit. During the protest, they forced one deputy governor to sign a blank paper and persuaded four other top officials to agree to resign.

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