The BB Governor has done the only moral thing to do, resign. But that is only one aspect of the issue. The matter has generated several questions and people need credible answers to those.
Without detracting from the undeniable fact that as the governor of the BB, the buck stopped with him, it may be fairly said that the 'graceful' exit of Professor Rahman has probably raised more questions than it has resolved.
The former Bangladesh Bank (BB) governor must be lauded for taking the moral responsibility for the bank's financial mishap that led to a US$101 million heist from BB account at the New York Fed.
World Bank Senior Vice President and chief economist Dr Kaushik Basu says poor infrastructure and slow bureaucracy are two major challenges for Bangladesh’s economy, which is according to him, is standing at the ‘takeoff stage’.
Without detracting from the undeniable fact that as the governor of the BB, the buck stopped with him, it may be fairly said that the 'graceful' exit of Professor Rahman has probably raised more questions than it has resolved.
The BB Governor has done the only moral thing to do, resign. But that is only one aspect of the issue. The matter has generated several questions and people need credible answers to those.
The former Bangladesh Bank (BB) governor must be lauded for taking the moral responsibility for the bank's financial mishap that led to a US$101 million heist from BB account at the New York Fed.
World Bank Senior Vice President and chief economist Dr Kaushik Basu says poor infrastructure and slow bureaucracy are two major challenges for Bangladesh’s economy, which is according to him, is standing at the ‘takeoff stage’.
