BB asks banks not to hamper business while freezing accounts
Unb, Dhaka
Bangladesh Bank has asked the commercial banks not to hamper normal business operations of enterprises while implementing the National Board of Revenue (NBR) directive to attach accounts of the suspected tax-dodgers."We've asked the banks to take measures so that business operations of the enterprises do not suffer," Governor Dr Salehuddin Ahmed told reporters yesterday. Replying to a question, he explained that the NBR directive might have called for attaching the accounts of a director of an enterprise, but that does not mean the company account will be attached. NBR sources said the revenue authority has so far asked commercial banks to attach accounts of 400-500 people, including former ministers, top politicians and so-called business moguls, on suspicion they have evaded huge amounts in taxes. Attachment means the account holders will only be allowed to deposit money with the account while other operations, including withdrawals and transfers, remain suspended, they said.
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