Popular film actor and businessman MA Jalil Ananta has defaulted on loans worth around Tk407 crore owed to two private banks, with the businessman now pledging to sell his factory in Savar to repay the outstanding amounts.
Of the total amount, Mutual Trust Bank (MTB) is owed Tk267 crore, while Mercantile Bank’s dues stand at around Tk140 crore.
MTB has sent a legal notice to Ananta Jalil and his wife, Khadija Parvin, also known as Barsha, after a cheque worth Tk92.29 crore issued against the outstanding loan was dishonoured due to insufficient funds.
The notice was sent through the bank’s panel lawyer, Md Zahidul Islam Bachchu, on behalf of MTB’s Panthapath branch. Copies were delivered to Ananta’s residence in Mohammadpur, Dhaka, and his factory in Savar. The notice was also published in a national daily on November 5.
According to the notice, Ananta Jalil, chairman of AB Apparels, and its managing director Khadija Parvin had repeatedly assured the bank over phone calls and in person that they would clear the outstanding dues. However, they failed to fulfil their commitments.
MTB Managing Director Syed Mahbubur Rahman told a media outlet that the bank was taking legal action to recover the defaulted loan. He said Ananta had promised to repay the dues by selling his factory and had informed the bank that he was in talks with several prospective buyers.
According to the legal notice, AB Apparels’ loan of Tk267.22 crore was rescheduled on August 28, 2024, with repayment in instalments. However, the company failed to meet the repayment conditions.
On October 18, Ananta issued a cheque for Tk92.29 crore, which was dishonoured on November 2 due to insufficient funds.
The bank has instructed him to pay the full outstanding amount within 30 days of receiving the notice, warning that legal proceedings, including a court case, would follow otherwise.
Meanwhile, a Mercantile Bank official said the institution was owed around Tk140 crore, including interest, and was also considering legal action to recover the money.