TIB Demands Immediate Cancellation of New Bangladesh Bank Governor’s Appointment

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Dr. Iftekharuzzaman, the Executive Director of TIB, characterized the decision as a direct threat to the integrity of the nation's financial sector. He argued that appointing a prominent businessman with a history of controversial financial dealings to the country's most sensitive regulatory post creates an insurmountable conflict of interest.

The anti-corruption watchdog emphasized that for the central bank to function effectively and restore public trust, it must be led by a highly qualified, neutral, and professional individual rather than a partisan figure with deep ties to the business elite. Dr. Iftekharuzzaman pointed out that while the new government has taken several positive steps toward reform, this specific appointment contradicts its stated commitment to transparency and accountability. TIB’s leadership warned that allowing a "major borrower" to oversee the banking system could lead to policy capture and further destabilize the economy.

Beyond the central bank issue, TIB also addressed the recent resignation of the Anti-Corruption Commission (ACC) Chairman and two commissioners. The organization called for the urgent reconstitution of the ACC based on the principles of the "July National Charter" to ensure that the commission is staffed by truly independent and non-partisan figures. TIB urged the government to prioritize strategic reforms over political convenience to fulfill the public's expectations for a corruption-free Bangladesh.

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