Bablu comment on Beximco is personal, not JP’s: Ershad

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Dhaka, 25 January: Jatiya Party Chairman HM Ershad yesterday said party MP Ziauddin Ahmed Bablu’s comment regarding Bangladesh’s one of the leading conglomerates Beximco Group’s rescheduled loan repayment was the MP’s absolute personal opinion.

The Jatiya Party is not in agreement with Bablu’s comment on Beximco Group he made on a point of order in parliament on Tuesday, said Ershad, also a former president, in a statement.

Ershad also said Beximco, which employs around 60,000 people, is a leading diversified group with a presence in industry sectors that account for nearly 75 per cent of Bangladesh’s GDP.

The former president also said everyone should look into difficulties of business conglomerates such as Beximco for the national interest.

Ershad said he understands that Beximco Group’s repayment of rescheduled loans falls under normal banking policy approved by Bangladesh Bank, adding that the government and the finance ministry are in total control of the situation that persists in the country’s banking sector.

The former president also hoped that his statement will dispel any misunderstanding stemming from Bablu’s comment on the issue.