He founded the Farmers Bank in 2013 after the government cleared nine banks in a politically influenced move. Alamgir brought the Bangladesh Bank accounts on Farmers Bank to parliament to respond to the allegations against him. He denied the allegation of irregularities in recruiting officials at the Farmers Bank. It said the Farmers Bank was taking new loans violating a ban by the central bank. The Farmers Bank had also admitted to the irregularities, the government said in the report.

Source: bd News24 February 12, 2018 20:03 UTC