Market Digest

Commerce ministry seeks loan info of FBCCI polls candidates

Staff Correspondent

8 April, 2021 12:00 AM printer

Ministry of Commerce has sought the updated credit information of the candidates participating in the upcoming election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI.

The loan defaulters are not eligible to participate in the trade body’s election, said a commerce ministry letter to Bangladesh Bank on Wednesday.

The letter mentioned article 15 (c) of the FBCCI constitution in this matter.

“It is, therefore, necessary to update the information about loan default of all the candidates competing for the post of FBCCI directors, it said. The letter was signed by Deputy Secretary Dr Syeda Nahida Habiba.

The election of the country’s apex trade body is scheduled to be held on May 5.