The central bank scam that has exploded into a financial earthquake in Bangladesh has claimed a major victim with its Governor Dr. Atiur Rahman resigning.
The much publicised resignation comes amid a firestorm over a cyber-heist which caused Bangladesh to lose more than $80 million kept with the Federal Reserve Bank of New York.
The Governor tendered his resignation to Prime Minister Sheikh Hasina. After his resignation, the government sacked two of the Deputy-Governors and formed a three-member high-powered committee to investigate the heist.
The government has also appointed former finance secretary Fazle Kabir as the new Governor of the Bangladesh Bank.
Current Affairs 15th March, 2016 Highlights of Union Budget 2016-17 Highlights of Railway Budget 2016
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