The Bangladesh Bank had given him until Jan 7 to come up with a statement. Officials at the Padma Bank said thy do not know whether he answered the central bank, whose officials also declined to comment. Thus, the circular said, all bank managing directors and CEOs will require the central bank’s permission before leaving the country. “But the board could not stipulate the condition (Bangladesh Bank permission) because the duty was not fulfilled properly. After a shake-up to the board, the bank was rechristened as the Padma Bank.

Source: bd News24 January 08, 2021 16:30 UTC