Mortgaged ships sold at water prices

Jumbangla Desk: 5 million rupees ship sold for 50 million! It can be said that water was sold at the price of water by Eastern Bank Plc. It is alleged that during the previous Sheikh Hasina government, under the influence of former Member of Parliament (MP) MA Latif of Chittagong-11 (Banda

Jumbangla Desk: 5 million rupees ship sold for 50 million! It can be said that water was sold at the price of water by Eastern Bank Plc. It is alleged that during the previous Sheikh Hasina government, under the influence of former Member of Parliament (MP) MA Latif of Chittagong-11 (Bandar-Patenga) constituency and with the connivance of bank officials, the ship named 'OT New Sea Queen X Vessel' was bought at auction by his nephew Abdur Nur Jabed.

Former MP MA Latif was arrested after the fall of Sheikh Hasina's government on August 5. Currently he is in Chittagong Central Jail.


As a result of the government's change of pot, now the victim businessman has opened his mouth. Salim. During the government of former Sheikh Hasina, this managing director of Chittagong's Sea Side Marine Limited, the owner of the ship 'OT New Sea Queen X Vessel', did not get justice even after repeatedly protesting to the superiors. He complained that the Eastern Bank authorities sold the ship which was mortgaged against the loan without informing him.


Alleged sale of mortgaged ships at water prices

Sea Side Marine Limited took loan from Agrabad branch of Eastern Bank. Managing Director of the company. According to Selim, in 2005, Eastern Bank approved a loan of Tk 8 crore in the form of CC. In 2019, if the amortized debt is Tk 1 crore 71 lakh, the bank authorities have given Sea Side Marine Limited time till 2022 to repay it in the form of term loan. But the institution defaulted as it could not pay the installments on time.


Monirul Islam

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