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Finance Minister names top 20 loan defaulters in JS

Banking 2023-01-24, 6:58pm

finance-minister-ahm-mustafa-kamal-31b338f69f61511a74acd27e997fdf141674565105.png

Finance Minister AHM Mustafa Kamal. File photo.



Dhaka, Jan 24 - The total amount of debt to the top 20 defaulters is Tk 19,283.93 crore while the amount of defaulted loan is Tk 16,587. 92 crore.

Finance Minister AHM Mustafa Kamal divulged the amount in parliament on Tuesday responding to a tabled question from ruling Awami League MP Shahiduzzaman Sarker.

The finance minister placed the list the names of top 20 loan defaulters, amount of total debt and the amount of defaulted loans to them.

He also informed the House that the total number of defaulters in the country is 7,86,065.

According to the list, among the top 20 loan defaulters, the debt status of CLC Power Company Limited is Tk 1,732.92 crore while their defaulted debt is 1,649.44 crore.

The debt status and amount of defaulted loan of 19 others are: Western Marine Shipyard Ltd, Tk 1,855.39 crore, defaulted debt, 1529.74 crore; Remex Footwear Ltd, Tk 1,077.63 crore, all those amount are defaulted loans; Rising Steel Company Ltd, 1,142.76 crore, defaulted debt, Tk 990.28 crore; Mohammad Elias Brothers (Pvt.) Ltd, Tk 965.60 crore, all those amount are defaulted loans.

Rupali Composite Leather Wire Ltd.'s status and amount of defaulted loans are the same. Their defaulted debt is Tk 873. 29 lakh.

Crescent Leathers Products Ltd.'s status and amount of defaulted loans is Tk 855.22 crore.

The status and amount of defaulted loans of Quantum Power Systems Ltd. is Tk 811.33 crore.

The debt status of Saad Musa Fabrics Ltd. is Tk 1,131.83 crore, the amount of their defaulted loans is Tk 776.63 crore.

The status of amount of BR Spinning Mills Ltd. and the amount of defaulted loans is Tk 721 Crore 43 Lakh.

The debt status of SA Oil Refinery Ltd. is Tk 1,172.69 crore. The amount of their defaulted loans is Tk 703.53 crore.

Debt status of Maisha Property Development Ltd. is Tk 686.14 crore. The amount of their defaulted loans is Tk 663.18 crore.

Debt status of Radium Composite Textile Ltd. is Tk 770.48 crore. The amount of their defaulted loans is Tk 660.42 crore.

Debt status of Samannaz Super Oil Ltd. is Tk 1,130.68 crore. The amount of their defaulted loans is Tk 651.7 crore.

Manha Precast Technology Ltd.'s debt status and defaulted debt amount is Tk 647.16 crore.

Asian Education Ltd.'s debt status is Tk. 653 Crores. The amount of their defaulted loans is Tk 635.94 crore.

Debt status of SM Steel Re-Rolling Mills Ltd. is Tk 888.71 crore. Their defaulted loan amount is 630.26 crore.

The debt status of Apollo Steel Complex Ltd. is Tk 872.72 crore. The amount of their defaulted loans is Tk 623.34 crore.

Debt Status of Ehsan Steel Re-Rolling Ltd. is Tk 624.27 crore. Their defaulted loans amount is Tk 590.23 crore and the debt status of Siddiqui Traders is Tk 670.68 crore while the amount of their defaulted loans is 541.20 crore. - UNB