Ambassador Mushfiqul Fazal Ansari suspended arrest warrant of Finance Advisor-Governor

thedailymorningsun.com
published 26 October, Saturday, 2024 19:46:18
Ambassador Mushfiqul Fazal Ansari suspended arrest warrant of Finance Advisor-Governor

The Daily Morning Sun Online Desk //


Why the arrest warrant was issued against Finance Adviser Salehuddin Ahmed and Bangladesh Bank Governor Ahsan H Mansoor in the US and why it has been suspended. Ambassador Mushfiqul Fazal Ansari informed this information.

He gave this information in a post given on his verified Facebook today Saturday.

In that post, Ansari said that in 1999, Smith Cogeneration filed a lawsuit in the US court demanding compensation due to the cancellation of a contract by the Awami League government. In 1997, Smith Cogeneration signed a power purchase agreement with the then government of Bangladesh and the government granted permission to build a barge-mounted power plant in the northern part of the country. After nearly 25 years in the case, the Washington, D.C. Circuit Court issued a ruling that largely excluded jurisdiction, which was stayed by the court on Friday. Although the matter has ended temporarily.

The ambassador also said in the post that the responsibility of the looter government cannot be taken by this interim government formed through a bloody revolution. It is important to take action against the concealers without bringing the matter to the attention of the present government.

According to a report of Law360, a legal media based in New York, a US court has issued an arrest warrant against financial advisor Salehuddin Ahmed and Bangladesh Bank Governor Ahsan H Mansoor. An arrest warrant was issued against them in an arbitration case against US power company Smith Cogeneration. Local time on Thursday, US District Judge Carl J. Nichols Smith ordered the US Marshals Service to bring the two men to court.

The report also said that the power company filed the case seeking compensation of 31.9 million dollars from Bangladesh.

The dispute started in 1997 when Smith Cogeneration signed a power purchase agreement with the Bangladesh government. Later the Bangladesh government canceled this project in 1999. Later that year the company filed a complaint with the ICC Tribunal.

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