SK Sur Chowdhury
SK Sur Chowdhury, born Sitangshu Kumar Chowdhury,[1] is a former deputy governor of Bangladesh Bank.[2][3] He is the former banking reform adviser of Bangladesh Bank.[4]
Career
[edit]Chowdhury joined Bangladesh Bank, the central bank of Bangladesh, as an assistant director in May 1981.[5]
In 2007, Chowdhury was the general manager of Bangladesh Bank Chittagong.[6]
In 2012 Chowdhury was appointed deputy governor of Bangladesh Bank.[5] He led a panel that examined launching sovereign bonds in the international financial market.[7] He approved six news banks in 2013, NRBC Bank, Union Bank, South Bangla Agriculture and Commerce Bank, Midland Bank PLC., Meghna Bank, and NRB Bank.[8] In 2015, he refused to provide permission to traditional banks to engage in Islamic finance.[9] He completed his term in 2018 and was appointed reform advisor of Bangladesh Bank.[5]
Two associates of P. K. Halder had claimed Chowdhury aided them in their scam which Chowdhury denied.[10] Bangladesh Financial Intelligence Unit investigated his accounts.[11] Central Intelligence Cell found Chowdhury and his wife had evaded taxes after investigating them.[12] Following the cell's recommendation, in 2021, the National Board of Revenue ordered all banks accounts of Chowdhury and wife to be frozen.[13] He and executive director of the Bangladesh Bank Shah Alam were alleged to be involved in 25 billion BDT scam involving International Leasing and Financial Services Limited.[14] Shah Alam was removed from Bangladesh Bank.[15] In March 2021, Bangladesh High Court questioned why Chowdhury and Shah Alam had not been arrested.[16] Individual Depositors’ Forum of International Leasing also demanded their arrest.[17]
Following the fall of the Sheikh Hasina led Awami League government, the Anti-Corruption Commission asked banks to submit details on his bank accounts.[18] The Commission filed a case against Chowdhury, his wife, and daughter for not submitting their wealth statement in time in October 2024.[18] In January 2025, he was arrested from Segunbagicha and sent to jail by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain.[18]
Personal life
[edit]Chowdhury is married to Suparna Sur Chowdhury.[18] They have a daughter, Nandita Sur Chowdhury.[18]
References
[edit]- ^ "Ex-BB deputy governor's home raided". The Daily Star. 2025-01-20. Retrieved 2025-01-20.
- ^ "Citi holds workshop on US tax compliance act". The Daily Star. 2014-01-29. Retrieved 2025-01-14.
- ^ "Challenges to banks' good governance". The Daily Star. 2016-01-14. Retrieved 2025-01-14.
- ^ "DU business faculty team becomes champion". The Daily Star. 2019-04-07. Retrieved 2025-01-14.
- ^ a b c "SK Sur to become BB banking reform adviser". The Daily Star. 2018-02-01. Retrieved 2025-01-14.
- ^ "Citibank service office opens at Ctg EPZ". archive.thedailystar.net. Retrieved 2025-01-14.
- ^ "Sovereign bond plan set in motion". The Daily Star. 2013-01-08. Retrieved 2025-01-14.
- ^ "New banks to get licences soon". The Daily Star. 2013-02-04. Retrieved 2025-01-14.
- ^ "BB bars traditional banks from Islamic banking". The Daily Star. 2015-07-29. Retrieved 2025-01-14.
- ^ "Scam allegations against me 'completely false': Sur". The Daily Star. 2021-06-22. Retrieved 2025-01-14.
- ^ "BFIU seeks bank details of SK Sur, 4 others". The Daily Star. 2021-03-14. Retrieved 2025-01-14.
- ^ "ACC seeks bank account details of SK Sur, family". The Daily Star. 2023-09-01. Retrieved 2023-10-15.
- ^ "Banks asked to freeze accounts of ex-Bangladesh Bank deputy governor, spouse". The Daily Star. 2021-07-07. Retrieved 2023-10-15.
- ^ "Tk 2,500 crore scam: Ex-BB high-ups spill the beans". The Daily Star. 2022-03-30. Retrieved 2025-01-14.
- ^ "ACC seeks bank account details of SK Sur, family". The Daily Star. 2023-09-01. Retrieved 2025-01-14.
- ^ "Assisting PK Halder: HC asks why SK Sur Chowdhury, Shah Alam not arrested yet". The Daily Star. 2021-03-15. Retrieved 2025-01-14.
- ^ "ILFSL depositors demand punishment of SK Sur Chowdhury, Shah Alam". The Daily Star. 2024-11-11. Retrieved 2025-01-14.
- ^ a b c d e "Former Bangladesh Bank deputy governor SK Sur arrested, sent to jail". The Daily Star. 2025-01-14. Retrieved 2025-01-14.