Internet Edition. September 23, 2008, Updated: Bangladesh Time 12:00 AM 
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Warrants against Stanchart CEO, staff



Staff Reporter



A Dhaka Court issued warrants of arrest against the chief executive officer and collection staff of the Dhanmondi branch of Standard Chartered Bank yesterday.

Source said Afroja Jamil, an employee of a private organization, took a car loan of Tk 15 lakh from the Dhanmondi branch of the multinational bank one year ago. He repaid a little over Tk 7 lakh in monthly installments. But as he failed to pay three installments the Standard Chartered Bank and its hired terrorists seized the car from her and threatened her with dire consequence should she report the matter.

The lawyer representing the victim told reporters that if his client was unable to pay her installments, the bank authority could have sought the help of the law enforcing agencies but it took the law in its own hands.

The lawyer filed a case with the CMM court and the court issued three warrants of arrest against bank CEO Osman Murad and collection staff Zia Hassan Chowdhary.

When contacted Standard Chartered Bank officials refused to comment on the matter.

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