JS unveils list of top 100 loan defaulters

Placing a list of the country's top 100 loan defaulters in Parliament, Finance Minister AMA Muhith said on Monday the classified loan now stands at Tk 1.11 trillion (111,347 crore), report agencies.

"As per the data of the Credit Information Bureau (CIB) of Bangladesh Bank, the amount of classified loan in banks and financial institutions is Tk 1113.47 billion as of April 2017," he said replying to a starred question from Awami League MP Mohibur Rahman Manik.

Muhith was however absent in Parliament on Monday and Food Minister Qamrul Islam answered the questions addressed to him.

According to the list placed by the finance minister, the top 10 loan defaulters are Mohammad Elias Brothers (PVT) Ltd, Jasmir Vegetable Oil Ltd, Max Spinning Mills Ltd, Benetex Industries Ltd, Dhaka Trading House, Anowara Spinning Mills, Yasir Enterprise, Quantum Power System Ltd, MM Vegetable Oil Products Ltd and Alppa Composite Towel Limited.

The list mentions two individuals, the rest are companies.

It provides a combined amount, Tk 1.11 trillion until this year's month of April, but does not assign specific figures to the defaulting individuals and organisations.

The two individuals are - Mojibur Rahman Khan and Emdadul Haque Bhuiyan. The companies, Bismillah Towels and Jamuna Agro Chemical, have been mentioned twice.