Authorities concerned of Bangladesh Samabaya Bank Ltd are in dark about 12,000 bhori gold, local government and rural development adviser AF Hassan Ariff said Sunday.
“I have come to know that the authorities concerned cannot trace the assets worth 12,000 bhori gold,” he said while addressing the 57th annual conference of the Bangladesh Academy of Rural Development (BARD) in Cumilla.
Hasan Arif said that cooperative society members across the country are busy only in exercising influence and joining committees.
But they do not have any attention on the development of the organisation.
“They have little knowledge or concern about the missing gold and other issues plaguing the Samabaya Bank including illegal grabbing of its properties by vested parties,” he said.
The adviser, however, lauded the initiatives taken by BARD since its founding for the welfare of rural communities, adding LGED, Upazil Complex and BRDB are fruits of BARD’s efforts. The state-run Samabaya Bank allows the country’s nearly
1.15 crore cooperative society members to deposit their savings and also take loans for rural business or development schemes.
Apart from banking, it also conducts cooperative activities for the welfare of rural areas.
The specialised bank has been plagued by repeated financial scandals over the course of its history.