Corrupt individuals to face action: Finance Minister

BSS
Published On: 06 Sep 2026, 18:19
Photo: Video Screenshot

SANGSAD BHABAN, Sept 6, 2026 (BSS) - Finance Minister Amir Khosru Mahmud Chowdhury today said the government would continue legal action against individuals involved in corruption and would not provide them with immunity.

He also said the government will not shut down a company solely because its owner or an individual associated with it faces corruption allegations.

Replying to a supplementary question from NCP lawmaker Abdul Hannan Masud (Noakhali-6) in the Jatiya Sangsad today, the minister said the government must distinguish between the legal identity of a corporate entity and the personal liability of individuals accused of corruption.

“There are principles in running an economy and the financial sector. Corporate identity is separate from the identity of an individual,” he said.

The minister said the authorities could prosecute individuals accused of corruption and bring them to justice, but the operation of a company should be considered separately because a company functions as an independent legal entity.

“If there is corruption against an individual, you can file a case against that person and bring him to justice. But, a company is a legal body,” he said.

He said shutting down a company because of allegations against an individual could create wider economic consequences.

“Such a decision could affect employees, creditors, loan repayment and the company’s contribution to the economy,” he said.

“The company has employees. It has liabilities. It has loans to repay and it contributes to the economy,” he said.

The finance minister stressed that economic decisions must follow law and established financial principles rather than emotion.

“An economy cannot run on emotion; it has to run on the basis of law,” he said.

Khosru rejected allegations that Bangladesh Bank was violating the law by providing loan-related facilities to defaulting companies.

“Bangladesh Bank is not giving anyone loans by violating the law,” he said.

The minister explained that companies could receive rescheduling or restructuring facilities only where the existing law and regulations allowed such measures.

“Where there is an opportunity under the law for rescheduling, the companies that qualify can take it. Those that do not qualify cannot take it,” he said.

Khosru said the government was not protecting individuals accused of corruption.

“Those involved in corruption are not being spared. Cases are being filed against them and the cases will continue. They will face action,” he said.

The minister said legal action against individuals would continue even when the companies associated with them remained operational.

He explained that a company’s continued operation could remain necessary to protect employment, economic activity and the repayment of its outstanding liabilities.

At the same time, he said individuals found responsible for corruption would remain subject to legal proceedings.

The finance minister said the government was therefore pursuing two separate considerations: ensuring that companies continue their legitimate economic activities where legally appropriate, and ensuring that individuals responsible for corruption face the law.

He reiterated that Bangladesh Bank could provide rescheduling facilities only within the scope permitted by law.

“The opportunity available under the law can be taken by companies that qualify. Those that do not qualify cannot take it,” he said.

He said the government would continue to deal with the financial sector according to legal and institutional principles while pursuing corruption cases against individuals responsible for wrongdoings.

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