BanglaBhoot
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What a twisted way of explaining something in favor of propaganda.
Moeen has no stake in Trust Bank, he just holds the position of Chairmanship of Trust Bank as the Army Chief (Trust Bank is owned by army welfare trust). The post is symbolic and he is not getting paid for that. The board of dirctors run the affairs.
Its like any other Public Commercial Bank where a whole bunch of Govt Employess are made as Board of Directors and Chairman. The BB rules for Private commercial Bank does not really apply here.
It probably works the way BASIC bank works..
Thanks
No there are actual allegations of corruption against the army chief. He took a 1 crore loan while his brother was MD. This is completely against the law and banking rules. He paid back the money but has not explained where he got the money from. He should be investigated by the ACC.
There are strict rules against chairmen and directors of banks taking loans and this was breached in this case.
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