Thursday , December 12 2019
Home / Business / Banking / 3 sued in Bd for ‘embezzling’ Tk 1.33 bln from AB Bank
3 sued in Bd for ‘embezzling’ Tk 1.33 bln from AB Bank

3 sued in Bd for ‘embezzling’ Tk 1.33 bln from AB Bank

Chattogram, Feb 26 (UNB) – The Anti-Corruption Commission (ACC) on Tuesday filed a case against three people, including an incumbent and a former officer of Arab-Bangladesh Bank, for allegedly embezzling Tk 133 crore from the bank.

ACC Assistant Director Mohammad Sirajul Haque filed the case with Halishahar police, said ACC Deputy Director (HR) Pranab Kumar Bhattacharya.

The accused are – Md Najim Uddin, manager of AB Bank’s Halishar Port Connecting Branch; Md Azad Hossain, former in-charge of credit administration monitoring at the bank’s Dhaka Office; and Mojaher Hossain, proprietor of Yasir Enterprise in the city’s Kotwali area.

ACC sources said wheat, rice, lentil, fertiliser, seed and chemicals worth about Tk 99 crore were imported through a letter of credit from the bank’s port connecting branch in 2013, issued at the recommendation of the two bank officials. 

The goods were sold in local market. But the trio embezzled Tk133.19 crore, including the interest.