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‘Premier Bank officials behind Tk 3,081cr scam’ Allege 26 Narayanganj-based RMG exporters, deny liabilities

STAFF CORRESPONDENT

Twenty-six garment exporters based in Narayanganj have alleged that Premier Bank officials created fake sales contracts and fraudulent LCs in the companies’ names at the local branch, burdening them with Tk 3,081 crore in “illegal” loans.

The allegations follow inspections by the Bangladesh Financial Intelligence Unit (BFIU) and the bank in 2024, which revealed severe irregularities between 2019 and 2023.

Liabilities were created in the names of 43 garment companies, including the 26 exporters, mainly knitwear. The rest of the 43 produce garments for the domestic market.

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