Let there be accountability

It is evident that a huge amount of money has been plundered from banks by groups of deceitful entrepreneurs. It is a regular incident but no severe punishment has been meted out to them though some bank officials got death penalties in Iran because of embezzlements of bank money.
Billions of Takas were siphoned off from the stock market in 1996 and 2010-11 but none was punished. Some stock market investors committed suicide even. Many public limited companies raised share capital through sale of shares and debentures but more than several dozens are no longer in existence though BSEC gave approval to raise capital. Some bank officials are likely to be involved in many cases of underhand deals and some were not aware of misdeeds of their clients. Let there be proper accountability. The deceitful entrepreneurs along with stock market manipulators must be punished.

Mahmud Ali
New Eskatan Road, Dhaka