Daily transactions of Nagad, a leading mobile financial service provider in Bangladesh, have increased by around Tk 100 crore on average, following the Postal Department taking on the responsibility to oversee its operations.
According to an office order issued last Thursday, the Postal Department was directed to assume full operational responsibility of Nagad following a stay order issued by the Appellate Division of the Supreme Court on the Bangladesh Bank鈥檚 appointment of an administrator to the company.
The directive was issued by Faiz Ahmad Taiyeb, special assistant to the chief adviser. In response, a committee was formed to oversee all necessary actions, including on-site supervision at Nagad鈥檚 headquarters and relevant locations, and to submit periodic reports.
