International Leasing CollectedNon-banking financial institution sector is in dire condition: Ibrahim KhaledBangladesh Bank Executive Director Md Shah Alam told the Supreme Court on Tuesday that it was possible to reconstruct the ailing International Leasing and Financial Services Limited. "Only Bangladesh Bank can do something in this regard," he added. Advocate Ahsanul Karim represented International Leasing while Barrister Tanjib-ul Alam stood for the Bangladesh Bank and Attorney General Mahbubey Alam stood for the state. During the hearing, Ibrahim Khaled said International Leasing was doing good till 2015 and its condition started going bad in 2016, mainly because of Prasantha Kumer (PK) Halder. If International Leasing is also liquidated, the sector will collapse," he said.

Source: Dhaka Tribune February 25, 2020 17:15 UTC