Tajuddin Ahmed endured the worst-ever slur on his political career due to an outrageous and mischievous campaign orchestrated against him very subtly from behind the scenes by his inimical party colleagues. Following his government’s return from Mujibnagar, they spread a malicious rumour that Tajuddin’s decision to get one taka denomination currency notes printed by the government of India’s Security Printing Press at Nashik had opened the floodgates for India to wreck Bangladesh’s economy.
Before leaving Calcutta, Tajuddin had placed an order for printing 80 crore notes of one taka denomination with the Nashik Security Press as he wanted to gradually replace the Pakistani currency notes of all denominations then in circulation in Bangladesh with his own country’s currency notes.
There was, after all, an urgency in replacing the Pakistani notes as that country’s Central Bank was contemplating on demonetising Re 1 notes and also those of higher denominations. So, Tajuddin decided that before Pakistan went ahead with its demonetisation plan, his government would gradually release its own currency notes in the market so as to avoid a sudden financial crisis overtaking his newly liberated country. And he wanted to begin this exercise by releasing one taka notes.As a result, he decided that...
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