Dubious banking transactions

By all accounts, there are reasons to believe that Bangladesh is slowly and surely turning into a haven for drug smugglers. Dealing in drug is big business and it is a money-spinner with disastrous effects on entire society. It not only disturbs the equilibrium of the society but also plays havoc with the lives of the people of a poor country like Bangladesh. It has often ruined families and gave cause for miseries for an entire generation. It is, therefore, imperative that we put a halt to all illegal transactions that help drug smuggling.

We find the reason put forward by the central bank of the country that it is difficult to verify such volumes of data given its existing manpower strength and the routine load of transactions it handles everyday, rather untenable. This is a task of vital importance and time is of critical essence here. We, therefore, strongly feel that should manpower be a real problem then additional hands need to be hired or commissioned for this purpose alone.

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Since the names of companies are already known with all other preliminary information being available, the task of verification as requested should be not too difficult to perform on the part of Bangladesh Bank.

The entire nation is already burdened with too much misery caused by various forms of social evil due to lack of foresight on the part of the administration over a period of time. We surely do no need yet one more to be added to the list, one that is likely to cause irreparable damage to the very fabric of our society. Once again we urge Bangladesh Bank to act and act swiftly.