Staff Reporter

Trust Bank Limited yesterday informed that there was no case of misappropriation or laundering of the Bank’s money by any chairman or director since its inception.
In a press release issued by the Company Secretary yesterday, the Bank made it clear that as per the demarcation of power between the Board of Directors and the management as provided by the Bangladesh Bank, directors cannot take part in the operation activity of the Bank.
Hence, the question of misappropriation or laundering of the Bank’s money by the chairman does not arise, the press release said. [Read more]