Staff Reporter

Bangladesh Bank has initiated a move to remove Dr HBM Iqbal from the post of chairman of the Premier Bank Ltd (PBL) confiscate his shares following his conviction by court and acquiring nearly 63 per cent shares of the bank violating banking rules.
Since 1/11 Dr Iqbal is absconding and recently the special tribunal court-1 has awarded 10 years of jail to the former member of parliament and 3 years for his daughter Nowrin Iqbal for earning wealth beyond legal source of income and concealing information. [Read more]