Friday, 19 Apr, 2024
  Dhaka
Friday, 19 Apr, 2024
The Daily Post

Initiative to launch four loan defaulting institutions of PK Halder

Business Desk

Initiative to launch four loan defaulting institutions of PK Halder

Prashant Kumar Halder, accused of major fraud in the financial sector, has a loan of Tk 260 crore in international leasing in the name of four companies. But the value of the mortgaged property is Tk 36 crore. As a result, the process of recovering dues is going on by starting these institutions without selling the assets. The four companies are Reptil Farm, Anan Chemical, Northern Agro and Rahman Chemical.

This information was given by the current authorities at a press conference on Thursday.

Yesterday was the 26th Annual General Meeting of International Leasing and Financial Services. At the same time, a press conference was also organized. International Leasing Chairman Nazrul Islam Khan and Managing Director Mashiur Rahman also spoke on the occasion.

It was informed at the press conference that the deposit of international leasing was Tk 1,740 crore at the end of June. Of this, individual deposits are Tk 640 crore and corporate deposits are Tk 1,100 crore. And the deposits and loans taken from various banks and financial institutions are Tk 2,450 crore. On the contrary, the company‍‍`s debt is about Tk 4,100 crore. 82% of them are defaulters.

Nazrul Islam Khan said, "Pk Halder is involved in many other organizations beyond these four organizations. Where international leasing money went. One of them is Radisson Blu Hotel in Cox‍‍`s Bazar. Due to the crisis of international leasing, many are no longer returning the money. Many people‍‍`s money will never be returned. PK Halder‍‍`s four loan defaulting companies were once profitable projects. But now they are about to close. That‍‍`s why I took a creative initiative. A petition has been filed in the High Court to reconstitute the board of directors of the three institutions. In the meantime, the High Court has reconstituted the board of directors of Reptiles Firm and Annan Chemical Industries, including the managing director.

Mashiur Rahman said tk 139 crore of 4,652 small depositors have been refunded after the new board took charge. Now the money is being refunded to small depositors. And initiatives have been taken to convert deposits and debt liabilities into capital.

 

 

JH