Bangladesh Police has established a dedicated cell at Police Headquarters to address key challenges facing the banking sector, including fraud, forgery, loan defaults and asset recovery.
The decision was taken following a high-level meeting between senior Bangladesh Police officials and a delegation from the Bangladesh Association of Banks (BAB) at Police Headquarters in Dhaka recently, according to a press release issued on Wednesday.
The newly formed cell will be headed by Additional Inspector General of Police (Finance) Md Akram Hossain BPM (SHEBA). It will serve as a central point of contact for financial institutions seeking police assistance on banking-related issues.
Inspector General of Police (IGP) Md Ali Hossain Fakir met the BAB delegation, led by its Chairman Abdul Hai Sarker, during the meeting. The delegation also included Vice Chairmen Monzurur Rahman and Romo Rouf Chowdhury, members of the association’s Executive Committee, and Arifur Rahman Sir, Chairman of The Premier Bank PLC. Additional IGPs and other senior police officials were also present.
The discussions focused on strengthening co-ordination between law enforcement agencies and the banking sector to restore financial discipline and enhance public confidence.
Both sides discussed measures to curb money laundering and financial irregularities, expedite the resolution of bank fraud and loan default cases, and strengthen security at bank branches, automated teller machines (ATMs) and during cash-in-transit operations.
The meeting also addressed emerging threats, including cybercrime and digital payment fraud, and explored the banking sector’s potential role in supporting community policing initiatives.
Welcoming the establishment of the cell, BAB Chairman Abdul Hai Sarker said a sound banking sector depended heavily on discipline, transparency and public confidence.
“Bangladesh Police is a vital partner in protecting depositors’ interests and recovering misappropriated assets,” Sarker said. “BAB and its member banks stand ready to work hand in hand with law enforcement to build a safer and more trusted financial system.”
In response, IGP Md Ali Hossain Fakir commended BAB’s role and assured the delegation of full police co-operation in safeguarding the banking sector.
Both sides agreed to maintain regular dialogue and explore a structured co-ordination mechanism between Bangladesh Police and the financial industry.
