Mojibur Rahman Shamim, former chairman of Chitalmari Upazila in Bagerhat and owner of Joy Group, received an exit facility from Bangladesh Bank despite his company being declared a willful defaulter by Trust Bank. Joy Group had taken loans from multiple banks but failed to repay them despite having the capacity. The central bank extended the facility under a policy meant for businesses affected by political changes or currency fluctuations, raising questions about the decision. According to bank data, Joy Group’s eight entities owe a total of Tk 517 crore to four banks, all classified as defaulted. Trust Bank, Islami Bank, Social Islami Bank, and Padma Bank hold the loans. The central bank’s policy allows affected businesses to regularize loans with a two percent down payment and up to ten years for repayment, but willful defaulters are not eligible. Bank officials said they were reluctant to extend new facilities but were compelled by Bangladesh Bank’s directive. Bangladesh Bank spokesperson Arif Hossain Khan stated that willful defaulters are not entitled to such benefits and any irregularities would be investigated. Deputy Governor Zakir Hossain Chowdhury denied allegations of exerting pressure to approve the facility.