A group of Bangladesh Bank officials formed a mob and forcibly removed Ahsan Ullah, an adviser to the governor, from the premises. The use of mob tactics inside the central bank has triggered concerns about its independence, internal governance, and credibility. Some central bank officials accused him of authoritarian leadership, and disciplinary actions against certain officials further intensified tensions, which eventually spilled into open confrontation. Proposals also aimed to reduce government influence on the central bank board and enhance regulatory independence. The International Monetary Fund has also recommended strengthening central bank independence under its $5.5 billion loan program, but progress has been limited.
Source: Dhaka Tribune February 25, 2026 17:34 UTC