RCBC decision unethical: Muhith

Dhaka,  Thu,  21 September 2017
Published : 30 Nov 2016, 21:06:33 | Updated : 30 Nov 2016, 21:10:37

RCBC decision unethical: Muhith

RCBC decision unethical: Muhith
Finance Minister AMA Muhith on Wednesday called ‘not ethical’ the Philippines Rizal Bank (RCBC) stance against returning the stolen money, expecting the Philippines government and central bank there to take steps to repatriate the amount.

“Ethically it is not a sound decision (of RCBC) . . . from ethical point of view it is not right . . . not appropriate,” he told newsmen at the Bangladesh Secretariat.

Muhith also rejected a RCBC demand seeking disclosure of Bangladesh government’s investigation report on the reserve heist saying ‘it will be published in time’.

The finance minister’s comments came a day after the Philippines commercial bank said it had "no reason to compensate Bangladesh Bank", a stance indicating its stance against repatriating the heist money, according to a news agency. – bz

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