Bangladesh Bank (BB) has uncovered a significant discrepancy of Tk 82.44 lakh between the cash held in the vault of BRAC Bank’s Chokoria branch in Cox’s Bazar and the amount recorded in its financial books, according to a recent report.
This irregularity was identified during a central bank inspection that started on December 22, 2024, following BRAC Bank’s financial statement as of June 30, 2024. The inspection team discovered the mismatch on December 19, 2024, right after banking hours, just before the inspection began.
The central bank has categorized this issue as a serious banking irregularity. In response, BB sent a formal letter to BRAC Bank’s chairman on December 22, 2024, notifying the bank about the discrepancy. The letter instructed BRAC Bank to take immediate action to resolve the issue and to pursue legal action against those responsible for the mismatch.
Furthermore, BB has required BRAC Bank to submit a detailed report on the steps taken to address the matter within 10 working days.
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 has uncovered a significant discrepancy of Tk 82.44 lakh between the cash held in the vault of BRAC Bank’s Chokoria branch in Cox’s Bazar and the amount recorded in its financial books, according to a recent report.){kind=link}