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BAB, Bangladesh Police coordinate to safeguard banking sector

BAB, Bangladesh Police coordinate to safeguard banking sector
Photo: Courtesy
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Bangladesh Association of Banks (BAB), led by its Chairman Abdul Hai Sarker, met the Inspector General of Police at Police Headquarters, Dhaka, recently. The two sides discussed coordination between law enforcement and the banking sector to restore financial discipline and public trust.

The IGP invited the delegation. Talks covered money laundering and financial irregularities, faster handling of bank fraud and loan default cases, security of branches, ATMs and cash-in-transit, cyber and digital-payment fraud, and banks’ role in community policing, said a press release on Wednesday.

Abdul Hai Sarker said a sound banking sector rests on discipline, transparency and public confidence, and that Bangladesh Police is a vital partner in protecting depositors’ interests and recovering misappropriated assets. The IGP announced a dedicated cell at Police Headquarters, headed by Additional Inspector General of Police – Finance Md. Akram Hossain BPM (SHEBA), to deal with banking-related problems and act as a single point of contact for banks.

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