Beximco Textiles Ltd tops the list of private and public bank loan defaulters with Tk 366.35 crore of unpaid loans, according to Bangladesh Bank.
Padma Textiles Ltd, another concern of Beximco Ltd, was second on the list with Tk 303.69 crore in defaulted loans.
Banking sources said the two firms have now merged and taken the name Bextex Ltd. However, they are listed individually with banks.
Deputy Chairman of Beximco Ltd Salman F Rahman is also the private investment affairs adviser to Awami League President Sheikh Hasina, also the prime minister.
Government-owned Bangladesh Textile Mills Corporation (BTMC) and Bangladesh Jute Mills Corporation (BJMC) and Beximco Ltd’s Shinepukur Holdings Ltd complete the top five loan defaulters, finance ministry sources said.
The parliamentary standing committee on the finance ministry asked for the list of bank loan defaulters and accordingly the central bank sent a list of loan defaulters to the finance division.
The list contains 2,500 names of individuals and companies who have defaulted loans of Tk 1 crore or more.
The parliamentary committee first sought the list of all loan defaulters but Bangladesh Bank said there are about 80,000 loan defaulters and providing the list would be difficult.
The committee then asked for the list of loan defaulters who have defaulted loans of Tk 1 crore or more.
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