Matiur removed from NBR post, barred from Sonali Bank board meet

Amid widespread criticism and social media uproar over his son's purchase of a goat worth Tk 1.5 million (15 lakh) before Eid-ul-Azha, Md Matiur Rahman, President of the National Board of Revenue's (NBR) Customs, Excise, and VAT Appellate
Tribunal, has been removed from his post and shifted to the Internal Resources Division of the Ministry of Finance, reports UNB.
According to a media release signed by Mokima Begum, Deputy Secretary of the Finance Ministry, the decision to move Matiur from NBR will take effect soon.
Allegations of amassing illegal wealth surfaced after a video went viral showing Matiur's son, Mushfiqur Rahman Ifat, buying a goat for Tk 1.5 million. Matiur has since faced severe criticism over claims of acquiring illegal wealth amounting to thousands of crores in Bangladesh, with alleged investments in Singapore, the United States, Canada, and the UAE.
The Anti-Corruption Commission (ACC) has formed a committee to investigate these allegations. BSS adds: The government has instructed Matiur Rahman, who has come into spotlight after a controversy over his wealth, not to attend the board meetings of Sonali Bank PLC.

Talking to reporters after a meeting, Sonali Bank Chairman Ziaul Hasan Siddiqui said the government decided that Matiur would not attend the board meetings of Sonali Bank in future.
"We informed our board members about the government decision," he added.
He said it was not the responsibility of the board to appoint or remove Matiur Rahman because he is a representative of the government on the Sonali Bank board.
The government appointed Matiur as a director of Sonali Bank in February 2022 for three years. According to bdnews24.com, ACC Secretary Khorsheda Yasmin told reporters on Sunday that the committee, led by ACC Deputy Director Md Anwar Hossain, would look into the allegations of Motiur Rahman's acquisition of assets 'beyond known sources of income'.
The commission decided to form the committee on Jun 4 to investigate the allegations of "acquiring illegal wealth and money laundering through corruption", she said.