[2] The former managing director of Uttara Finance and Investments Limited, SM Shamsul Arefin, was removed by Bangladesh Bank over financial irregularities.
[10] Bangladesh Bank removed the managing director of Uttara Finance, SM Shamsul Arefin, on 23 June over irregularities and the asked the financial institution to begin legal proceedings against him.
[12] Bangladesh Bank dissolved the board of directors of Uttara Finance and Investments Limited on 28 December 2022 after it found 51 billion BDT in irregular transactions.
[13] Dhaka Metropolitan Senior Special Judge, Md Asaduzzaman, issued a travel ban against them, Mohammad Mainuddin, and Anil Chandra Das following a petition of the Anti-Corruption Commission.
[14] The Bangladesh Securities and Exchange Commission appointed 12 independent directors to Uttara Finance and Investments Limited including Major General Mohammad Maksudur Rahman as chairman.