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Bangladesh Bank removes Uttara Finance MD for financial irregularities

Shamsul Arefin was removed from his post of managing director and chief executive officer of Uttara Finance for his involvement in the irregularities, Md Serajul Islam, executive director and spokesperson of the Bangladesh Bank, told UNB.

The Bangladesh Bank also asked the NBFI (Non-bank financial institution) to take legal action against Shamsul Arefin, Serajul said.

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