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Govt preparing list of loan defaulters

56 govt orgs owe Tk 51,391cr to banks, says Ali


Published : 24 Jun 2024 10:21 PM

The government is preparing a list of all the top loan defaulters in the individual and organisational categories, Finance Minister Abul Hassan Mahmood Ali today told parliament.

The minister said this while replying to a query of reserved seat Awami League MP Farida Yasmin.

Farida wanted to know the names of the top 30 loan defaulters in both individual and organisational categories and how much money they have taken from banks and financial institutions.

The question-answer session was tabled with Speaker Shirin Sharmin Chaudhury in the chair.

The finance minister also said, a total of 56 government organisations owe around Tk 51,391 crore to different public and private banks as of March 31, this year.

Of the total 56 government organisations, Bangladesh Agricultural Development Corporation (BADC) owned the highest amount — Tk 15,550 crore, according to the statistics placed by the finance minister.

Dhaka University of Engineering and Technology owed the lowest amount — Tk 78 lakh.

The minister came up with the statistics while replying to a query of ruling Awami League MP Morshed Alam from Noakhali-2.

he other major government organisations which owe large sums of money to banks are: sugar mills (Tk 7,813 crore), fertiliser, chemical and pharmaceutical industries (Tk 7,250.71 crore), other non-financial corporations-public (Tk 6,060.37 crore), Trading Corporation of Bangladesh (Tk 5,018.06 crore), Bangladesh Biman Corporation (Tk 4,441.38 crore), food ministry (Tk 644.80 crore), Bangladesh Jute Mills and related enterprises (Tk 603.41 crore), Bangladesh Machine Tools Factory Limited (Tk 587.03 crore), Bangladesh Services Ltd (Tk 580.10 crore), Dhaka Electric Supply Company (Tk 277.60 crore), Equity Entrepreneurship Fund (Tk 265.95 crore), other financial intermediaries-public (Tk 165 crore), and Jahangirnagar University (Tk 144.78 crore).