JS body for legal action against past financial irregularities

The parliamentary standing committee on public undertakings has recommended identifying individuals involved in financial irregularities during the tenure of the previous government and taking necessary legal actions against them.

The recommendation was made at the 8th meeting of the committee held on Sunday at the Jatiya Sangsad Bhaban.

The committee Chairman and Chief Whip Nurul Islam Moni presided over the meeting, while whips Mia Nurudin Ahamed Apu and Md Akhtaruzzaman Mia, alongside committee members Tahsina Rushdir, Khondokar Abu Ashfaq, and Mustafizur Rahman Bhuiyan, attended the meeting.

The committee reviewed compliance audit reports on the accounts of the Chattogram Port Authority for the 2020-21 financial year and the Mongla Port Authority.

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It also examined various pending audit objections concerning the Chattogram and Mongla port authorities. The objections included issues requiring recovery, adjustment, write-off, waiver, regularisation and retrospective approval.

The committee reviewed the audit objections awaiting final settlement following recommendations from the comptroller and auditor general, as well as progress in implementing decisions taken at its previous meetings.

Expressing concern over financial irregularities in the port authorities, the committee also discussed investments of their fixed deposit receipts (FDRs) in different commercial banks, particularly troubled and private banks.

The committee expressed strong dissatisfaction over funds remaining unwithdrawn even after maturity and investments exceeding prescribed limits in violation of existing policies.