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HRC Group

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Removal from One Bank leadership after reported loan defaults

    Bangladesh Bank removed Chowdhury as chairperson of One Bank after subsidiaries of HRC Group were reported to have defaulted on loans from various banks.

  2. 2008

    Arrest over money-laundering and tax-evasion allegations

    Sayeed Hossain Chowdhury, then chairperson of HRC Group, was arrested by joint forces in July 2008 on allegations of money laundering and tax evasion. He received bail on 28 August 2008.