Md. Hasanur Rashid, the owner of Bengal Trading, a company based in Chittagong, has been arrested for defaulting on a loan of Tk 25 crore from Padma Bank's Khatunganj branch.
Khatunganj police, with the assistance of Padma Bank Plc's Recovery Task Force Team & Khatunganj branch, apprehended him on Saturday.
Bengal Trading owes Padma Bank Plc approximately Tk 25 crore in loan repayments. On November 30, 2022, the Chittagong Joint Metropolitan Sessions Judge issued an arrest warrant against Hasanur Rashid following a case filed by Padma Bank PLC.