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SK Sur Chowdhury

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SK Sur Chowdhury is a former deputy governor of Bangladesh Bank. He is the former banking reform adviser of Bangladesh Bank.

Career

Chowdhury joined Bangladesh Bank, the central bank of Bangladesh, as an assistant director in May 1981.

In 2007, Chowdhury was the general manager of Bangladesh Bank Chittagong.

In 2012 Chowdhury was appointed deputy governor of Bangladesh Bank. He led a panel that examined launching sovereign bonds in the international financial market. 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. In 2015, he refused to provide permission to traditional banks to engage in Islamic finance. He completed his term in 2018 and was appointed reform advisor of Bangladesh Bank.

Two associates of P. K. Halder had claimed Chowdhury aided them in their scam which Chowdhury denied. Bangladesh Financial Intelligence Unit investigated his accounts. Central Intelligence Cell found Chowdhury and his wife had evaded taxes after investigating them. Following the cell's recommendation, in 2021, the National Board of Revenue ordered all banks accounts of Chowdhury and wife to be frozen. 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. Shah Alam was removed from Bangladesh Bank. In March 2021, Bangladesh High Court questioned why Chowdhury and Shah Alam had not been arrested. Individual Depositors’ Forum of International Leasing also demanded their arrest.

Following the fall of the Sheikh Hasina led Awami League government, the Anti-Corruption Commission asked banks to submit details on his bank accounts. The Commission filed a case against Chowdhury, his wife, and daughter for not submitting their wealth statement in time in October 2024. In January 2025, he was arrested from Segunbagicha and sent to jail by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain.

Personal life

Chowdhury is married to Suparna Sur Chowdhury. They have a daughter, Nandita Sur Chowdhury.

References

  1. "Citi holds workshop on US tax compliance act". The Daily Star. 2014-01-29. Retrieved 2025-01-14.
  2. "Challenges to banks' good governance". The Daily Star. 2016-01-14. Retrieved 2025-01-14.
  3. "DU business faculty team becomes champion". The Daily Star. 2019-04-07. Retrieved 2025-01-14.
  4. ^ "SK Sur to become BB banking reform adviser". The Daily Star. 2018-02-01. Retrieved 2025-01-14.
  5. "Citibank service office opens at Ctg EPZ". archive.thedailystar.net. Retrieved 2025-01-14.
  6. "Sovereign bond plan set in motion". The Daily Star. 2013-01-08. Retrieved 2025-01-14.
  7. "New banks to get licences soon". The Daily Star. 2013-02-04. Retrieved 2025-01-14.
  8. "BB bars traditional banks from Islamic banking". The Daily Star. 2015-07-29. Retrieved 2025-01-14.
  9. "Scam allegations against me 'completely false': Sur". The Daily Star. 2021-06-22. Retrieved 2025-01-14.
  10. "BFIU seeks bank details of SK Sur, 4 others". The Daily Star. 2021-03-14. Retrieved 2025-01-14.
  11. "ACC seeks bank account details of SK Sur, family". The Daily Star. 2023-09-01. Retrieved 2023-10-15.
  12. "Banks asked to freeze accounts of ex-Bangladesh Bank deputy governor, spouse". The Daily Star. 2021-07-07. Retrieved 2023-10-15.
  13. "Tk 2,500 crore scam: Ex-BB high-ups spill the beans". The Daily Star. 2022-03-30. Retrieved 2025-01-14.
  14. "ACC seeks bank account details of SK Sur, family". The Daily Star. 2023-09-01. Retrieved 2025-01-14.
  15. "Assisting PK Halder: HC asks why SK Sur Chowdhury, Shah Alam not arrested yet". The Daily Star. 2021-03-15. Retrieved 2025-01-14.
  16. "ILFSL depositors demand punishment of SK Sur Chowdhury, Shah Alam". The Daily Star. 2024-11-11. Retrieved 2025-01-14.
  17. ^ "Former Bangladesh Bank deputy governor SK Sur arrested, sent to jail". The Daily Star. 2025-01-14. Retrieved 2025-01-14.
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