Annotex Group, an export-oriented company, will pay off Janata Bank's Tk 4900 crore in the next two years by selling a large amount of mortgaged land. Based on the agreement between the bank, the borrower and the buyer, the amount owed will be collected within two years from the deposit of
Tag: AnonTex
Bangladesh Bank allows AnonTex loan reschedules
Bangladesh Bank has permited Janata Bank to reschedule the loan of AnonTex Group. The much-talked-about loan will be regularise with special facilities at the state-run bank, according to source at BB. Anti Corruption Commission(ACC) has wrapped up the investigation against the group as allegations of money embezzlement proved 'wrong'. "BB has decided to
