A petition was filed on Tuesday with the Supreme Court seeking its directive on the government to form a commission to look into the irregularities in the banking sector.
The Human Rights and Peace for Bangladesh (HRPB), a rights organisation, submitted the leave to appeal petition to the office of the appellate division of the SC.
The petition was filed seeking a stay of the partial High Court directive that ordered the Bangladesh Bank to constitute a nine-member committee to find the loopholes in sanctioning, distributing and recovering loans.
Advocate Manzill Murshid, who submitted the petition on behalf of HRPB, said that his organisation had filed a writ petition as a public interest litigation with the HC in February last year seeking its directive on the government to form a commission to look into the irregularities and corruption in the banking sector over the past two decades.
But the HC did not pass any directive for the formation of the commission.
Instead, the HC ordered the central bank to constitute a nine-member committee to find out the loopholes in sanctioning, distributing and recovering the loans and to make necessary recommendations and suggestions, he said.
In a statement, Mr Murshid said, "We have become aggrieved with the High Court directive as it did not direct the government to form a commission to look into the irregularities and corruption in banking sector. That is why, we have filed the leave to appeal petition with the appellate division of the Supreme Court seeking necessary directives to this effect."
The lawyer said he will place the petition before the chamber judge of the appellate division for its hearing soon.
Following the writ petition of the organisation, the HC bench of Justice J B M Hassan and Justice Md Khairul Alamin November last year ruled that the loan defaulters make down-payment of 15 percent of the outstanding amount to get fresh loans from any bank in line with the 2012 Bangladesh Bank circular.
The court, however, said the BB circular issued on May 16 last year will be valid for the next 90 days so that the borrowers can apply for rescheduling their bank loans.
The central bank issued the circular allowing borrowers, who became defaulters by December last year, to reschedule loans for 10 years by making a down-payment of only 2.0 percent instead of the existing 10 percent.
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