Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Objection left un-rectifed Head of Account Branch Compliance 1 2 3 4 5 26-31 Non implementation of DCFCL 01 26 01 Non implementation of DCFCL DCFCL has been implemented & maintained accordingly. 28 Cash Management 02 28 04 i) Cash Management Now we are maintaining cash position within insured vault limit. ii) Backside of cash counter & vault for security point of view. We have informed to GSD, HO about the matter iii) Mulilated/Solid notes of Tk.15200/- To be exchanged from Bangladesh Bank through our Principal Branch after proper Matching of Denomination. Clients Account Department 03 29 5(a)(1) CD-197,198, 200, 204, 207, 209, 210,216,270,309,315 Since Regularized: 207, 209, 210, 216, 309, 315.Regulization Under process: 197, 198, 200, 204, 270. 04 29 5 (a) (2) CD-202, 206, 248, 264, 302, 306 Regulization Under process: 202, 206,248,264,302,306 05 29 5(a) (3) CD-306 Since regularized. CD-306. 06 29 5(a)(4) CD- 238, 247, 273 Since regularized. 07 29 5(a)(5) CD-253 ,315 Regulization Under process:253,315 08 29 5(a)(6) CD-318 Regulization Under process: 318 09 29 5(a)(7) CD-303 Regulization Under process:303 10 29 5(a)(8) CD-321 i) Regulization Under process ii) Certifcate of incorporation obtained. 11 30 5(a)(9) CD-326 Since regularized. 12 30 5(b)(1) SB-1145 Since regularized. 13 30 5(b)(2) SB-1105, 1120, 1181 Regulization Under process: SB-1105, 1120, 1181 14 30 5(b)(3) SB-944,1001, 1147, 1172, 1173 Since regularized, SB-944, 1001, 1147, 1172, 1173 15 30 5(b)(4) SB-1129 Since regularized. 16 30 5(b)(5) SB-1173 Since regularized, SB-1173 17 30 5(c)(01) SND-19 Since regularized, SND-19 18 31 5(d)(i) (01) FD#38,39 Account closed. 19 31 5(d)(ii)(01) FD#71,111 Since regularized.fd#71,111 20 31 5(d)(ii)(02) FD#181 Since regularized. 21 31 5(d)(ii)(03) FD#141 Account closed. Authorised Ofcer Authorized Ofcer Manager 1 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Objection left un-rectifed Head of Account Branch Compliance 1 2 3 4 5 31-33 Accounts Department 22 31 5(d)(iii)(01) FD#23,25 Since regularized, FD-23,25 23 32 5(E)(i) DPS-63 Since regularized,DPS-63 24 32 5(f)(01) DPS-01,02 Since regularized,DPS-01,02 25 32 5(G)(01) A/C NO-01 Since regularized. 26 32 5(H)Common Observation(i) Letter of Thanks We have sent letter of thanks to all a/c holders. 27 32 5(H)Common Observation(ii) Balance Confrmation Certifcates We have sent balance confrmation certifcates to all a/c holders as on 30/12/2011 through courier. 28 33 5(H) Common Observation(iii) Monthly Statement Now statements are being sent regularly. 29 33 5(K) Cheque book :CD: 25 Since delivered 19 CD chq book & undelivered 6 kept under custody. Cheque book :SB:50 Since delivered 28 SB chq book & undelivered 22 kept under custody. Cheque book :SND: 03 Delivered. Authorised Ofcer Authorized Ofcer Manager
2 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Objection left un-rectifed Head of Account Branch Compliance 1 2 3 4 5 33-37 Voucher 01 33 L (i) Materially altered cheque paid without drawers sign. Since regularized. 02 34 L (ii) Voucher register not recorded Since recorded. 03 34 L (i) Voucher cover not signed Since signed. Accounting Function 04 34 06.A. Sundry Creditor All outstanding entries reversed. 34 06.B Suspense Account HO debited our branch against Fixed Asset of our branch but no corresponding Head against respective Fixed Asset has not yet given by HO for booking the Assets. We have already communicated with GSD & FAD in this regard vide our letter no. UCBL/BJN/GBD/2011/406 dated 15.12.2011.It shall be reversed after getting respective Head of Assets. 05 35 06.C Premium on deposit Insurance As HO debited us against insurance premium for the period from Feb 2012 to Feb 2013,the same shall be adjusted by Feb 2013. 06 35 06.D Summary situation Since being checked regularly 07 35 06.E. HO General A/C Sl. No. 1 Wrongly credited by ADC on us. Sl. No.2 Wrongly debited by HO,FAD on us. Sl. No. 3 Since reconciled by HO. 08 35,36 06.F,G Tax, Vat As per format sent by FAD Tax, Vat deposited to HO quarterly. General Service Division 09 36 7.i.(a,b) Missing Information & Instruction Circular Since collected & fled. 7.i.c Circular not circulated Since being circulated. 7.ii Diferent Register Regularization under process 37 7.iii Security Stationery Since regularized. 37 7.iv Duplicate key Duplicate key has been rotated last on 05.04.2012 37 7.v Key Register Since regularized Authorised Ofcer Authorized Ofcer Manager 3 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 08 Overdraft (OD) 01 38-39 Abed Holding Ltd i)Up to date rent paid receipt not held. We informed the customer & they assured us to submit the same shortly. ii)Certifed copy of S.A Khatian No-125 & 129 corresponding plot Nos-1020 & 1021 not held SA khatian no. 125 & 129 is not required as per revised BLA opinion. iii)For 3639 sft fat a) Certifed copy of title deed No-5644 dated 29.12.10 along with token No-630098 held instead of original. Original Title Deed is not ready for delivery and shall be withdrawn from concern SRO when the same will be ready. b) Certifed copy of PA No-5676 dated 30.12.10 held without token. Since obtained. c) Dhaka City Corporation tax paid receipt held upto 2010-2011 We informed the customer & they assured us to submit the same shortly. iv)For 3217 sft. a) Certifed copy of title deed No. 5643 along with token No-630097 held instead of orginal. Original Title Deed is not ready for delivery and shall be withdrawn from concern SRO when the same will be ready. b) Signboard not displayed on the mortgaged property. We informed the customer & they assured us to display signboard shortly. c) Balance confrmation certifcate not obtained. Since obtained. 02 39-40 M/s. Rokeya Food Processing Industries i)For 8.22 dec. land a)CS, SA khatian not held. We informed the customer & they assured us to submit the same shortly. b) Approved plan for construction of building from the concerned authority not obtained. We informed the customer & they assured us to submit the same shortly. ii)For 163 dec. land a)R.S khatian No.3100, S.A Khatian No.5334, C.S No.5376 not held We informed the customer & they assured us to submit the same shortly. iii) For 3384 sft fat. a)S.A khatian 125, 129, 23856 not held SA khatian 23856 is obtained. b)R.S khatian 226, 335/1, RS khatian 226 obtained and we informed the customer to submit the other. c)Dhaka City Corporation tax paid receipt not held. We informed the customer & they assured us to submit the same shortly. Authorised Ofcer Authorized Ofcer Manager
4 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance
SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 08 Overdraft (OD) 02 39-40 M/s. Rokeya Food Processing Industries iv)For 5 kahta land a) Ground rent paid receipt held upto 1414 instead of upto date. We informed the customer & they assured us to submit the same shortly. b) C.S-79, S.A-117 khatian not held. The customer applied for the CS & SA khatian and assured us to submit the shortly. c)Bia deed No.3817, 3818, 17104, 12537, 157, 8473, 5895, 8450, 2529, 3321, 15874 not obtained. The customer applied for the baya deeds and assured us to submit the shortly. i) Credit rating not done by enlisted credit rating agency. The customer executed an agreement with NCR (credit rating agency) report of which is yet to be received. ii)Up to date Form xii of the existing directors of the co. not held Since obtained iii)Signboard not display on the mortgaged property. We informed the customer & they assured us to display signboard shortly. 03) 41-42 M/s. Silicon Power Ltd. i) For 27 dec. land. a)Certifed copy of title deed No.1365 dated 30.01.96 held without token. We informed the customer & they assured us to submit the same shortly. b)Mutation khatian with DCR not held. Do c) Ground rent paid receipt not held. Do ii) For 24 dec. land. a) Mutation khatian with DCR held for (26+15) where title deed held for 35 dec land. Mutation obtained for 24 decimal land against title deed for 35 decimal & remaining portion mutated against title deed for 29.00 decimal b) Bia deed of pattaon on dt.21.12.1942 not held. Since obtained. iii) For 15.50 dec. land. a) Separate mutation in the name of present owner not held. As per vetting by BLA separate mutation is not required. Authorised Ofcer Authorized Ofcer Manager 5 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 8 Over Draft (OD) 03 41-42 M/s. Silicon Power Ltd. iv) For 29.00 dec. land. a) Separate mutation khatian in the name of present owner not held. Do v) Signboard not displayed on the mortgaged property. We informed the customer & they assured us to display signboard shortly. vi) Transaction of the account is not satisfactory. We informed the customer to maintain adequate transaction. vii) Form xii of the existing directors of the co. not held. Since obtained. 04 42-43 M/s. Al-Haram Intenational (Pvt) Ltd. i)Form xii of the existing director of the co. not held. Since obtained 05 43-44 Mir Akther Hossain Ltd. i) IGPA held without notarized as required in sanction advice. Since Notarized. ii)Confrmation of work awarding authority regarding acceptance of the power of attorney and payment of bills directly in favor of UCBL not obtained. As Chevron Bangladesh does not allows confrmation of assignment Therefore we have obtained a) undertaking by customer to deposit entire bills against work order. b) receipt copy of request letter of customer to the work awarding authority to deposit entire bills to UCBL Bijoy Nagar Branch as per Head Ofce sanction letter No. UCBL/ HO/ CRMD (CRRD)/File no. 5361/2011/39 dt. 28.10.2011 & specifc sanction letter No. HO/CRMD (CRRD)/F- 5361/2012/1028 dt. 26.02.2012. iii) Request letter submitted by customer to work awarding authority to deposit entire bills of work orders to CD A/c No. 2131, UCBL, Bijoy Nagar Branch but copy of request letter not duly accepted by the awarding authority. Customer has requested to work awarding authorities to deposit entire bills against the work order, receipt copy of which submitted to us. iv)Genuineness of the work order & ensure that work giving authority has duly accepted the assignment not done. Genuineness since verifed. Authorised Ofcer Authorized Ofcer Manager 6 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 09 Secured Overdraft (SOD) 01 45 Farida Parvin i) Branch allowed 10% margin instead of 20% without Head ofce approval. i) Head Ofce approved 10% margin vide letter No. CHO/SME/BJN/SOD/2010/230 8 dt. 25.05.2011. Renewal proposal sent to Head Ofce sanction of which is yet to be received. ii) Interest accrued on FDR must not be paid to the customer as per H.O. sanction advice but Branch paid interest amount to the account holder ii) As per request of the customer we have approached Head Ofce, SME division for waiver of such terms. 02 45 Gazi Abdul hakim i) Branch allowed 10% margin instead of 20% without Head ofce approval. i) Head ofce approved 10% margin vide letter No. CHO/SME/BJN/SOD/2010/23 0 dt.25.05.2011. Renewal proposal sent to Head Ofce sanction of which is yet to be received. ii)Interest accrued on FDR must not be paid to the customer as per H.O. sanction advice but Branch paid interest amount to the account holder. ii) As per request of the customer we have approached Head Ofce, SME division for waiver of such terms. 03 45 Global Insurance Ltd. i) Amounting of FDR Tk. 26.50 lac not lien marking from other Bank in favor of UCBL We are persuading the customer to replace fresh FDR for the same value and they informed us that the same will be replaced shortly and we will lien those accordingly. ii)Lien mark not confrmed by FDR issuing Bank & NBFIs through their Head Ofce Confrmation is under process. 04 45 Shammi Akter i) Branch allowed 10% margin instead of 20% without Head ofce approval. Head Ofce approved 10% margin vide letter No. CHO /SME /BJN /SOD/2012 dated 23.04.2012 and the account already adjusted on 25.04.2012. Authorised Ofcer Authorized Ofcer Manager 7 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance
SL No Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 10 Cash credit (Hypo) 01) 46 M/s. Rajib Garments i)Signboard not displayed on the mortgaged property. Since signboard displayed & photograph kept in fle. 02) 47 M/s. Allahr Dan Paper Store ii)Up to date rent paid receipt not held. We informed the customer & they assured us to submit the same shortly. iii)Signboard not displayed on the mortgaged property. Since signboard displayed & photograph kept in fle 03) 48 M/s. LDA Pharma. i) Ground rent paid receipt held upto 1415 instead of upto date. We informed the customer & they assured us to submit the same shortly. ii)Dhaka City Corporation tax paid receipt not held. DO iii) LDCL not prepared & sent to Head Ofce Since LDCL sent to Head Ofce. iv)SPC not prepared & sent to Head ofce Since SPC sent to Head Ofce. v)Signboard not displayed on the mortgaged property. We informed the customer & they assured us to display signboard shortly. 04) 49 M/s. Padma Autos i) Signboard not displayed on the mortgaged property. We informed the customer & they assured us to display signboard shortly. 05) 50-54 M/s. Momen Sarker i) NECdt.23.08.11mortgage/created on 31.10.11, Fresh NEC /Afdavit not obtained covering the gap period. We informed the customer & they assured us to submit the same shortly. ii)Credit rating not done by enlisted credit rating agency. We are persuading the customer to rate themselves by enlisted credit rating agency. iii)Signboard not displayed on the existing mortgaged property. We informed the customer & they assured us to display signboard shortly. iv)Mutation khatin with DCR held photocopy instead of original in respect of 544.27 dec. land We are persuading to submit the same shortly. v) Ground rent paid receipt not held. Since rent paid receipt obtained. vi)Bia Deed No.2792 not held in respect of 51 dec. land. The customer applied for the Baya deed and assured us to submit shortly. vii)C.S khatian No.452, S.A khatian No.651, R.S khatina No.797 not held in respect of 9 dec. land. As per BLA opinion said khatian are not associated with the 9 decimal land. Authorised Ofcer Authorized Ofcer Manager 8 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 10 Cash credit (Hypo) 05) 50-54 M/s. Momen Sarker viii)Mutation khatian with DCR not held in respect of 9 dec. land Since obtained. ix)Nec not held in respect of 10.00 dec. land. We are persuading to submit the same shortly x)Mutation khatian with DCR not held in respect of 13.50 dec. land. Photocopy of DCR and original Mutation obtained. xi)D.A. not obtained from Head Ofce DA sent to Head Ofce which is yet to be obtained. 11 Term Loan Against Fixed Asset 01) 55 National Housing Finance & Investment Ltd. i)Declaration from the customer to the efect that the customer shall inform UCBL before availing any further credit facilities from any other Bank not obtained We have requested to the customer for providing declaration which is yet to be submitted. ii)Balance confrmation certifcate not obtained. Since obtained. 12 House Building loan (Commercial) 01) 56 Hossain Mohammad Emran i)Certifed copy of title deed No.3858 dt. 14.09.11 along with token No. 788260 held instead of original. Original Title Deed is not ready for delivery and shall be withdrawn from concern SRO when the same will be ready. ii)Deed of agreement dt. 12.04.11 executed between developer and Mr. Hossain Mohd. Emran held photocopy instead of origin. Since obtained. iii)Mutation khatian with DCR not held. The customer assured us to submit shortly. iv)Ground rent paid receipt in the name of present owner not held. The customer applied for the rent receipt & assured us to submit shortly. v)Approved Rajuk plan not held. Since obtained. vi)No liability certifcate from Exim Bank Ltd. Rajuk Avenue Branch not obtained. We informed the customer to submit the same shortly. vii)Charge documents not held. Since obtained. Authorised Ofcer Authorized Ofcer Manager 9 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance SL No. Page No. Head of Accounts Objections Left un-rectifed Branch Compliance 1 2 3 4 5 12 House Building loan (Commercial) 01) 56 Hossain Mohammad Emran viii)Sign Board not displayed on the mortgaged property. We informed the customer & they assured us to display signboard shortly. ix)In legal opinion title deed & Bia deed not mentioned. We informed the BLA & they assured us to revise the legal opinion shortly. 13 Lease Finance 01) 57 Global Insurance Ltd. i)Bank Logo not writing both in English and Bangla in conspicuous places on the vehicle. We informed the customer & they assured us to display the bank logo shortly. ii)Fresh & undated CIB report not obtained. CIB undertaking sent to HO dt. 22.04.2012 report of which is yet to received. Authorized Ofcer Authorized Ofcer Manager 10 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance
Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 14 58-60 Home Loan 01) 58 Naima Zaman & Md. Ashrafuzzaman i)certifed copy of title deed no. 5210 alongwith token no. 690441 dt.20.06.11 held instead of original. Original dead is not ready for delivery and shall be withdrawn from concern SRO when the same ready. ii)Mutation Khatian with DCR not held We have informed the customer and they assured us to submit the same shortly. iii)Ground rent paid receipt not held. iv)D.C.C tax paid receipt not held. 02) 59 Md. Nezarul Islam Chowdhury i)certifed copy of title deed no. 10063alongwith token no. 4281 dt.29.09.11 held instead of original. Original dead is not ready for delivery and shall be withdrawn from concern SRO when the same ready. ii)Mutation Khatian with DCR not held iii)Ground rent paid receipt not held. iv)D.C.C tax paid receipt not held. We have informed the customer and they assured us to submit the same shortly. v)C.S Khatian No. 339 not held Since Obtained. 03) 60 Md. Fakhrul Islam i)R.S Khatian No. 100 not held. Since Obtained. 16 Home Mortgage Loan 01) 61 Mazharul Alam Romel Mazumder i)Fresh NEC/Afdavit for gap period not obtained. Since Obtained. 02) 62 Mr. Abdul Qayoum i)S.A Khatian No.13 not held. Since Obtained. 03) Md. Rafqul Alam i) Mutation Khatian alongwith DCR not held. ii)Ground rent paid receipt not held. The customer applied for the Mutation and expected to submit with 30 days. Authorised Ofcer Authorized Ofcer Manager
11 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 16 63-65 Home Mortgage Loan 04) 63 Md. Jashim uddin Bhuiyan i)S.A Khatian no.59 not held. ii)R.S Khatian no. DP-1631 not held. iii)Signboard not displayed on the mortgage property Since Obtained. 05) 64 Md. Shamsul Islam iii)Signboard not displayed on the mortgage property. We informed the customer and they assured us to submit upto date rent receipt within 15 days. ii)C.S Khatian no. 74 & 82 not held. Since Obtained. iii)S.A Khatian no. 28 not held. Since Obtained. iv) NEC not held. Since Obtained. v)Token no. 419278 dt. 21.03.2012 held. Certifed copy of mortgage deed not held. Since Obtained. vi) D.A not obtained from head ofce. We have sent D.A to Head Ofce on 19.04.2012. vii)LDCL not prepared & sent to head ofce. We have sent LDCL to Head Ofce on 19.04.2012. 17 Any Purpose Loan 01) 65 Kazi Shahadat Hossain i)1 installment of Tk. 20,465.00 fallen overdue. Since Obtained. 02) Sharier Karim Bhuiyan i)1.91 installment of Tk. 56,823.00 fallen overdue. We informed the customer to deposit the overdue instalment and they assured us to deposit within 30 days. 03) Md. Kaiser Alam i)CIB report not obtained. CIB inquiry form sent to Head Ofce report of which is yet to be received. 04) K.M Shamsuzzaman i)CIB report not obtained. Since Obtained. 05) Mohammed Khaledur Rahman 5.02 installments of Tk. 90,857.00 fallen overdue upto 31.03.12 & account become classifed as SMA. The customer deposited Tk.15,000.00 on 30.04.12 and assured us to deposit rest amount within 30 days. 06) Nilotpal Sarker i)06 undated MICR cheques not obtained. Since Obtained. 07) Md. Feroz Ud Dwala i)4.02 installment of Tk. 35,296.00 fallen overdue upto 31.03.12 & account become classifed as SMA. We are perusing the customer to deposit the overdue instalment and they assured us to deposit overdue amount shortly. 08) Mohammad Monirul Islam i)Photograph of guarantors not obtained. Since Obtained. Authorised Ofcer Authorized Ofcer Manager
12 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 18 66-68 Advance Against Salary 01) 66 Md. Mozzamel Hoq i)CIB not obtained Since Obtained. ii)1 installment of Tk. 4,950.00 fallen overdue. Since Obtained. 02) Syed Abul Khaer Rahat Jaman Sohel i) CIB not obtained Since Obtained. 03) Dewan Jamil Masud i)CIB not obtained. Since Obtained. 04) Md. Kamrul Islam i)File not found & could not produce for audit verifcation. Since fle obtained. 19 Education Loan 01) 67 Md. Moslem Uddin Khalasi i)Validity of the limit expired unadjusted. ii)6 undated MICR cheques not obtained. iii)CIB report not obtained. iv)Outstanding was running of Tk. 16,691.66 due to application of interest. The liability fully adjusted on 29.04.2012. 02) Md. Saiful Islam i)Branch disbursed the loan without Head ofce approval. ii)6 undated MICR cheques not obtained. iii)CIB not obtained. Proposal sent to Head Ofce on and the liability fully adjusted on 03.04.2012. 03) Mohammed Tareq Ahmed i)Branch disbursed the loan without Head ofce approval. ii)6 undated MICR cheques not obtained. iii)CIB not obtained. Proposal sent to Head Ofce on and the liability fully adjusted on 03.04.2012. 04) Dr. Pavel Sharior Mostafa i)Branch disbursed the loan without Head ofce approval. ii)6 undated MICR cheques not obtained. iii)CIB not obtained. Proposal sent to Head Ofce on and the liability fully adjusted on 03.04.2012. 20 68 S.M Moin Uddin i) CIB not obtained Since Obtained. Authorised Ofcer Authorized Ofcer Manager
13 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance \\\ Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 21. 69-70 Bank Guarantee 1) 69 M/s. Raju International 03/12 dt. 22.01.12 50% margin v) Post dated MICR cheque not obtained BG liability adjusted on 01.04.2012. 2) Rokeya Automatic Rice Mills (Pvt.) Ltd. 04/12 dt. 24.01.12 5% margin iv) Commission realized for 1 quarter instead of 5 quarter As per request of the client we are realizing commission on quarterly basis. 3) Rokeya Automatic Rice Mills (Pvt.) Ltd. 05/12 dt. 09.02.12 5% margin v) Commission realized for 1 quarter instead of 5 quarter -Do- 4) Rokeya Automatic Rice Mills (Pvt.) Ltd. 13/12 dt. 13.03.12 5% margin i)In the Bank Guarantee validity mentioned as 90 days from the date of tender i.e. there is no specifc validity date regarding Bank Guarantee. From now and onwards we are issuing Bank Guarantee with specifc validity. 5) 70 Rokeya Automatic Rice Mills (Pvt.) Ltd. 15/12 dt.22.03.12 5% cash margin i)In the Bank Guarantee validity mentioned as 180 days from the date of tender i.e. there is no specifc validity date for B/G. From now and onwards we are issuing Bank Guarantee with specifc validity. 6) Rokeya Automatic Rice Mills (Pvt.) Ltd. 16/12 dt. 22.03.12 5% cash margin i)In the Bank Guarantee validity mentioned as 180 days from the date of tender i.e. there is no specifc validity date for B/G From now and onwards we are issuing Bank Guarantee with specifc validity. 7) Rokeya Automatic Rice Mills (Pvt.) Ltd. 09/12 dt. 06.03.12 5% cash margin i)In the Bank Guarantee mentioned as validity upto opening of tender. From now and onwards we are issuing Bank Guarantee with specifc validity. Authorised Ofcer Authorized Ofcer Manager
14 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 22. 71-73 Letter of Credit Foreign (Sight) 01) 71 R.S Import & Export Corporation 12-01- 0009 dt.25.01.12 Aurobond RDI i) Margin realised 10% instead of 15%i.e. less realised Tk.20,442.50 We have requested the customer to deposit rest margin which to be deposited shortly. ii) Credit report on the supplier not held. Credit report is required for Tk.5.00 lac & above as per GFET , V-1, Ch-7/3 clause-23(b). iii) Personal guarantee of the spouse of the proprietor not held. We have requested to provide spouse guarantee and they assured us to provide shortly. iv) Post dated cheque not obtained. We have requested to provide PDC which is to be submitted shortly. v) Commission realised @0.25% instead of 0.40% i.e. less realised Tk.606.00. Since realized. 02) R.S Import & Export Corporation 12-01- 0010 dt.25.01.12 Calcium Carbonate i) Margin realised 10% instead of 15%i.e. less Tk.67,000.00 realised. We have requested the customer to deposit rest margin which to be deposited shortly. ii) Commission realised @0.25% instead of 0.40% i.e. less realised Tk.2,011.00. -Do- iii) Credit report on the supplier not held. Credit report clause is there in L/C. The negotiating Bank will provide with original documents. 03) 72 LDA Pharma 12-01-0013 dt.27.02.12 Calcium Carbonate i) Credit report on the supplier not held. Credit report is required for Tk.5.00 lac & above as per GFET, V-1, Ch-7/3 clause-23(b) & already retired on 26.04.2012. However, the L/C has since been adjusted. 04) Siam Enterprise 12-01-0014 dt.28.02.12 Art paper i) Credit report on the supplier not held. L/C adjusted on 16.04.2012. 05) LDA Pharma 12-01-0015 dt.05.03.12 Providon K-30 i) Credit report on the supplier not held. L/C adjusted on 19.04.2012. 06) Mommi Impex 12-01-0016 dt.06.03.12 Gift Items i) Credit report on the supplier not held. Credit report clause is there in L/C. The negotiating Bank will provide with original documents. ii) Personal guarantee of the spouse of the proprietor not held. Yet to be submitted. iii) Post dated cheque not obtained. Yet to be provided. iv) Margin realised 10% instead of 20% i.e. Tk.77,356.00 less realised. We have requested the client to provide rest margin and they assured us to deposit shortly. Authorised Ofcer Authorized Ofcer Manager 15 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance
16 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 22. 71-73 Letter of Credit Foreign (Sight) 07) 73 Mommi Impex 12-01-0017 dt.06.03.12 Gift Items i) Credit report on the supplier not held. Credit report is required for Tk.5.00 lac & above as per GFET, V-1, Ch-7/3 clause-23(b) ii) Personal guarantee of the spouse of the proprietor not held. Yet to be submitted iii) Post dated cheque not obtained. Yet to be provided. iv) Margin realised 10% instead of 20% i.e. Tk.33,099.00 less realised. Since realized. Authorised Ofcer Authorized Ofcer Manager
17 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 23. 74-75 Loan Against Trust Receipt (LTR) 1) 74 M/s. Silicon Power Ltd. A/c No. 3/3 i)No amount deposited in the account since creation of LTR Amount Tk.35,00,000.00 deposited on 03.04.2012 and assured us to pay rest balance within 07.05.2012. ii)Account was running with EOL of Tk. 49,577.41 due to application of interest. Since realized. 2) M/s. Siam Enterprise A/c No. 56 i)No amount deposited in the account since creation of LTR Fully adjusted on 11.04.2012 3) 75 M/s. Momen Sarker A/c No. 79 i)No amount deposited in the account since creation of LTR Partial amount of Tk.3,00,000.00 deposited on 16.04.2012 4) M/s. Momen Sarker A/c No. 91 i)No amount deposited in the account since creation of LTR Partial amount of Tk.3,00,000.00 deposited on 16.04.2012. Authorised Ofcer Authorized Ofcer Manager
18 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 24. 76-78 Local Bill Purchased & Discounted (LBPD) 1) 76 S.R. International 564dt. 05.12.11 10% i)Post dated MICR cheque not obtained Since obtained and adjusted on 18.04.2012 2) Bridge Link Intl 627 dt. 12.01.11 10% i)LBPD created at 10% margin instead of 15% Since adjusted on 18.04.2012 3) R.A. Enterprise 633 dt. 15.01.12 10% i)LBPD created at 10% margin instead of 15% Since adjusted on 16.04.2012 4) S.R. International 641dt. 19.01.12 10% i)LBPD created at 10% margin instead of 15% 5% margin realized on 5) 77 R.A. Enterprise 662 dt. 19.01.12 10% i)LBPD created at 10% instead of 15%. ii) Genuineness of the drawee bank acceptance confrmed over phone instead of verifying the signature Since adjusted on 23.04.2012. 6) S.R. International 685 dt. 24.01.12 10% i) LBPD created at 10% margin instead of 15% margin. 5% margin realized on 7) Bridge Link International 691 dt. 29.01.12 10% i)LBPD created at 10% margin instead of 15% margin. Since adjusted on 12.04.2012. 8) R.A. Enterprise 719 dt. 08.02.12 15% i)Personal guarantee of the spouse of the proprietor not held Since obtained ii)Genuineness of the drawee bank acceptance confrmed over phone instead of verifying the signature Since regularized. 9) 78 Bridge Link International 726 dt. 08.02.12 10% i)LBPD created at 10% margin instead of 15% Adjusted on 12.04.2012 Authorised Ofcer Authorized Ofcer Manager 19 United Commercial Bank Limited Bijoy Nagar Branch Compliance of Special Risk based (Process) Audit Report as on 22.03.2012 on Bijoy Nagar Branch, Dhaka 1st Compliance Sl. No. Page No. Head of Account Objection left un-rectifed Branch Compliance 1 2 3 4 5 24. 78-79 Local Bill Purchased & Discounted (LBPD) 10) 78 Three Star Accessories 783 dt. 01.03.12 15% i) LBPD created without approval of Head Ofce Head Ofce approval obtained vide letter No. HO/CRMD (CRRD)/F-5531/2012/2224 dt. 19.04.12 ii) CIB report not held Since obtained. i) Charge documents not obtained Since obtained. iii)Post dated MICR cheque not held. Since obtained. 11) F.G.M Trading Co. 791 dt. 07.03.12 15% i) LBPD created without approval of Head Ofce Head Ofce approval obtained vide letter No. HO/CRMD (CRRD)/F-4921/2012/1644 dt. 28.03.12 12) Bridge Link International 823 dt.19.03.12 15% i) LBPD created without approval of Head Ofce Head Ofce approval obtained vide letter No. HO/CRMD (CRRD)/F-4884/2012/1762 dt. 03.04.12 13) 79 R.A. Enterprise 831dt. 20.03.12 15% i) LBPD created without approval of Head Ofce Head Ofce approval obtained vide letter No. HO/CRMD (CRRD)/F-5163/2012/1761 dt. 03.04.12 ii) Genuineness of the drawee bank acceptance confrmed over phone instead of verifying the signature Since verifed. 14) S. R. International 846 dt. 21.03.12 15% i) LBPD created without approval of Head Ofce Head Ofce approval obtained vide letter No. HO/CRMD (CRRD)/F-5007/2012/1763 dt. 03.04.12 Authorised Ofcer Authorized Ofcer Manager 20