** Their Lordships would not convict him as enemy of the country if anyone had opposed Padma Bridge ** Desperate bid to keep reserve stable ** College teacher Utpal murder: Prime accused held in Gazipur ** WB Board approves $1.03 billion for Bangladesh and Nepal to help improve regional trade ** Inner containment dome installed at Unit-2 of Rooppur N-power plant ** Adity Sarker, a doctor, dies from self-inflicted burn wounds ** College teacher murder: Prime accused’s father arrested from Kushtia ** 135 Indian fishermen detained by Navy ** At least 51 dead in prison riot fire in Colombia, prisons agency says ** River transporters face uncertainty over ‘special’ Eid services ** Siltation of riverbeds and haors is the main cause of floods ** DUTA protests humiliation, killing of teacher ** Ferry services from Mawa terminal to continue: State Minister ** Padma Bridge to transform Bagerhat’s tourism industry ** Truck overturns after crossing Padma Bridge, injuring four people ** College teacher ‘beaten by students with cricket stump’ dies in Savar ** HC says govt must identify those who conspired against Padma Bridge project ** Fire at shoe factory in city under control ** Padma Bridge: Over Tk 2 cr toll collected from vehicles on 1st day ** Aggressive approach to collect more revenue is repressive for people ** Soybean oil price decreased by Tk 6 per liter ** Flood: 2 more deaths pushes up toll to 84 ** Padma Bridge opens to traffic; Hundreds of vehicles seen at Mawa and Jajira ends ** 2 killed in Rajbari road crash ** Global Covid cases near 549 million **

PK Halder now wants to return to Bangladesh knowing he has powerful friends to help him

18 May 2022
PK Halder now wants to return to Bangladesh knowing he has powerful friends to help him

Scamester PK Halder, who left Bangladesh after siphoning off more than Tk 10,000 crore to different countries, including India, now wants to come back to Bangladesh as he has been caught by Indian law enforcers on Saturday in the West Bengal State. Isn't it a bit interesting? But if one ponders over the matter a little closely, it may not appear as surprising as it now seems to be.  

Here two things are important. Firstly, like every criminal the former head of NRB Global Bank and Reliance Finance Ltd,  Halder now wants to save himself. In India, after the end of the three-day remand he was again taken on a ten-day remand yesterday. He obtained documents of India's citizenship through forgery and he cannot avoid Indian law in this regard. Secondly, it is for sure that large sums of money cannot be transferred to foreign lands without the knowledge of Bangladesh Bank and without cooperation of powerful men in high positions. It is also known that in Bangladesh law can be managed. Moreover, Halder has made large investments in India. So, it will not be possible for an elected government under the rule of law to allow an alleged criminal of many crimes to go to Bangladesh, escaping punishment in India.

We are not sure if Bangladesh will be eager at all to get back Halder for the fear of disclosing other collaborators in Bangladesh. Halder has reportedly exposed names of many big fishes during interrogation by the Indian intelligence agency, the Enforcement Directorate.  

All big scams in the country's financial history took place when this government was in power and most of these happened after 2009. Two major share market debacles occurred during its time. From the Hallmark-Sonali Bank loan scandal to Destiny Group and Basic Bank financial scams, all have happened on the watch of the present government. The heist of Bangladesh Bank shook the faith of people in the central bank. The BBC's 2019 investigative report explains the hackers used fraudulent orders on the SWIFT payments system to steal US$101 million from Bangladesh's central bank account. They hacked a Federal Reserve Bank account in New York and successfully managed to steal $81 million that was transferred to accounts at Manila-based Rizal Commercial Banking Corporation. That has never been recovered yet. However, $20 million that was transferred to a Sri Lankan charity could be stopped because the hackers had inadvertently made a spelling error in the name of the charity. It was one of the world's biggest cyber heists.  

A data of the Global Financial Integrity (GFI) shows, Tk 64,000 crore is being siphoned off on an average every year from the country. It further adds Tk 3.20 lakh crore has been plundered from the country to different foreign lands in five years from 2009 to 2015 while Tk 4.5 lakh crore in just six years.

Plundering of public money from banks, leasing companies and others going under the government without respect to law. There is no reason to expect that India shall interfere with matters pending in the court. It is not a matter of concern for the government if we do not get back the money. So many others roaming freely or already out of the country with buckets of money nothing is being done against them. The government will be happy to see Halder remain in India.

Add Rate