The authorities have reacted by transferring the entire lot of staff of the three bank branches situated at the hub of international travel. So, it was not a question of one or two persons; the whole set was allegedly involved in illegal transfer of money. The magnitude of the crime entailing flight of capital is appalling, and to think that all this was going on at the behest of senior officers of the bank branches is perplexing.

We cannot but also express our disapproval of the rather perfunctory action taken against the alleged culprits by merely transferring them out of their stations. We would like to see thorough investigations take place into the whole affair so that the guilty do not escape justice.

It needs no mention that every year we suffer loss of millions of taka through flight of capital. Apart from the loss in terms of potential forex reserve, it wreaks havoc on the national economy in many different ways.

As such we feel strongly considering the gravity of the situation that merely transferring these persons without ensuring that they account for the omissions and commissions could mean pardoning them. Such anti-economy and anti-national acts cannot be condoned; these must be subjected to legal actions with those proven guilty meted out deterrent punishment.