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‘Govt not accepting donation from Islami Bank’

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Staff Reporter
The government on Sunday said it is not accepting the donation of Tk three crore from Islami Bank Bangladesh Limited (IBBL) for organizing the ‘Lakho Kanthe Sonar Bangla’ program on March 26 at the National Parade Square.
"It can be said unequivocally that the government is not taking any financial assistance from IBBL for ‘Lakho Kanthe Sonar Bangla program,” said a statement issued by the Ministry of Finance.
The statement was issued to clarify the government’s position about the media report that the government had received Tk three crore from IBBL for the program.
Bank and Financial Institution Division Joint Secretary Arijit Chowdhury in the statement said the government sought support from the private sector for two important events -ICC World T20 and ‘Lakho Kanthe Sonar Banga’.
The government needs Tk 90 crore and private sector entities have been told that they can donate for one event or both, Arijit said adding that different private entities have donated money as per their choice.
Prime Minister Sheikh Hasina received cheques of donation from them at a program where Finance Minister, Cultural Affairs Minister, Energy Adviser to the Prime Minister, State Minister for Energy, Power and Mineral Resources, State Minister for Sports and Deputy Minister for sports were present.
"While coordinating the donation, we have found that the IBBL has donated Tk three crore for 'Lakho Kanthe Sonar Bangla' Program. But, at this stage, the Cultural Affairs Ministry has denied to accept the money," said Arijit Chowdhury.
"Therefore, we're not accepting the IBBL donation," he added.
He said it is now up to the IBBL to decide whether it wanted to give the money for the ‘ICC WorldTwenty20 Bangladesh 2014’ or to no one since it is lawfully registered financial institution and conducting its operation as per the law.
"Many don't have good impression about the bank and many organizations had denied accepting financial support from it in the past,” Arjit said in the statement.

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