Bangladesh Bank ordered the removal of Mohammad Lutfar Rahman Badal from the board of directors of IFIC Bank in October 2015. He is the secretary of Bangladesh Nationalist Party vice-chairman Tareque Rahman and was accused of being involved in opposition violence in Joydevpur in Gazipur District in August 2015.
IFIC Bank's governing body, Bangladesh Bank, instructed the removal of Mohammad Lutfar Rahman Badal from his position on the board in October 2015. He serves as secretary to Tareque Rahman, vice-chairman of the Bangladesh Nationalist Party, and was accused of involvement in violence in Joydevpur, Gazipur District, in August 2015.