Bank stops selling forms, receiving money

The bank on Tuesday asked its 30 branches in the city and all the branches at district headquarters not to sell any form and receive money from people until further order, sources said.

Bank General Manger Abu Sadek Mohammad Sohel, in a letter to the land ministry, has also sought further direction in this regard.

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Meanwhile, the parliamentary standing committee on land ministry and the North-South Property Development Ltd (NSDL), which is to implement the project, have traded allegation of violating their jurisdictions.

The parliamentary body accused the NSDL of selling forms and receiving money without the approval of the ministry.

It said the NSDL has violated several provisions of the agreement signed between the company and the ministry on the implementation of the project.

The parliamentary body also asked the land ministry to probe the allegations. It decided to discuss the matter at its next meeting slated for September 2.

On the other hand, the NSDL denied the allegation saying it has not violated any provision of the agreement.

It also accused the parliamentary body of violating its jurisdiction to make a statement asking people not to buy forms and deposit money for the project.

"The statement of the parliamentary body has damaged the image of our company. We consider the direction of the parliamentary standing committee as illegal," said Abdur Rahim, chairman and managing director of the NSDL, in a statement.

Being approved by the planning commission, the land ministry signed an agreement with the NSDL on September 29 last year to implement the Tk 347 crore project.

Under the project, 15,024 flats would be built for slum dwellers and low-income groups.