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Governor sees no mismatch in vault gold

WT24 Desk

Bangladesh Bank governor Fazle Kabir ruled out any possibility of change in quality or quantity of gold preserved with the central bank’s vault, Agencies report.

“It’s quite impossible to adulterate the gold preserved in Bangladesh Bank vault as there is huge security arrangement”, he told reporters at the press briefing arranged to unveil monetary policy statement on Tuesday.

This has been the first reaction from the central bank governor following the report of mismatch in the quality and quantity of gold preserved with Bangladesh Bank vault by National Board of Revenue (NBR).

“We have a six-level security checkups with 42 cctv camera installed into the vault,” said Fazle Kabir adding that there is no scope at all to adulterate anything.

Earlier, Finance Minister AMA Muhith had said that there was 963 kg of gold preserved with the central bank vault where only 3 kg was contaminated.

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