Bangladesh Bank rejects charge of gold alteration in vault

Bangladesh Bank rejects charge of gold alteration in vault

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Dhaka, July 17 – The Bangladesh Bank (BB) has outright rejected the allegation by the National Board of Revenue (NBR) the gold preserved in its vault was altered.Dismissing the news published in a national daily based on a Customs Intelligence report, BB Executive Director Md Rabiul Hussain at a press briefing at the central bank on Tuesday said there is no scope of changing or altering the gold preserved in the central bank’s vault. “The report is absolutely baseless… there’s no scope of alteration,” he said.
The central bank official claimed that a report was arbitrarily prepared by the Customs Intelligence and Investigation Directorate on this has no relation to the Bangladesh Bank.
He also mentioned that the readings of Bangladesh Bank’s machine and that of NBR on the quality of gold vary sometimes. “Each machine reads differently,” he said adding that Bangladesh Bank has a doubt about the credibility of NBR machine’s reading.
Rabiul Hussain mentioned that the central bank has already offered to check the matter through a third-party machine, especially for the cases where there were differences in reading.
The central bank arranged the press briefing against the backdrop of a report published in a leading daily with NBR reference on the alteration of some gold-ornaments and gold wheels in its vault.
It was reported that a study was conducted on 963 kg of gold preserved in the Bangladesh Bank vault and a huge alteration was during machine reading. – UNB

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