Berger Paints clarifies media reports regarding CFO

Berger Paints Bangladesh Limited has issued a clarification in response to recent media reports concerning its Chief Financial Officer, Sazzad Rahim Chowdhury, in relation to a loan default case involving a financial institution.

The company stated that the matter in question pertains to a period when Chowdhury held a leadership position at a different organisation in the telecom sector. It emphasised that he is not implicated in a personal capacity and that the case has no connection with Berger Paints Bangladesh Limited.

Berger reaffirmed its commitment to maintaining the highest standards of financial integrity, transparency and ethical conduct. The company also confirmed that there are no allegations or concerns regarding any financial irregularities within the organisation.

The statement further urged stakeholders and members of the public to rely on verified information and avoid speculation. Berger reiterated that it continues to operate with full accountability and trust and expressed appreciation for the continued support of its shareholders, customers, partners and employees.