DHAKA: Finance Minister AHM Mustafa Kamal said an institution does not close down due to lack of finance, but it is affected by management.  

AHM Mustafa Kamal was addressing the first Annual Business Conference of Padma Bank Limited at a city hotel on Tuesday (April 2).

AHM Mustafa Kamal said, “No one can say that a single institution in the world got shut down due to lack of money. When an institution is affected, it is because of management, and in turn it gets closed down owing to management.”

The minister said some unscrupulous businessmen invested bank's money in the wrong place. Now they are not paying it back. They will not be spared. Such businessmen along with unscrupulous bank officials will also be identified. 

In a speech to good businessmen, he said they will be given all types of assistance. “We’ll not close down anyone’s businessman,” he added.

BDST:  2132 HRS, APRIL 2, 2019

AH/SMS