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ACC Sues Ex-Minister Wadud and 7 Others Over Tk 4.2Cr Fraud
The Anti-Corruption Commission (ACC) has initiated two separate cases against Abdul Wadud, the former State Minister for Rural Development and Cooperatives, his wife Monowara Begum, and seven others for embezzling Taka 4.2 crore from Uttara Finance and Investment Limited through abuse of power and fraudulent activities.
ACC Deputy Director and Public Relations Officer Akhtarul Islam confirmed that the cases were filed earlier today, detailing the involvement of the accused in large-scale financial misconduct.
The individuals named in the cases include:
- SM Shamsul Arefin, Managing Director of Uttara Finance and Investment Limited
- Abdul Wadud, former State Minister, Chairman of Bengal Gas Limited, and Managing Director of Kazi Energy Resources Limited
- Monowara Begum, Chairperson of Kazi Energy Resources Limited and Director of Bengal Gas Limited
- Gaus Mohammad Hasan Zahid, Managing Director of Bengal Gas Limited
- Mohammad Main Uddin, former Vice President and Head of Treasury at Uttara Finance and Investment Limited
- Kazi Arifuzzaman, former Vice President of Uttara Finance and Investment Limited
- SM Quamruzzaman, former Assistant Vice President at Uttara Finance and Investment Limited
- Mithu Kumar Saha, former Officer at Uttara Finance and Investment Limited
These individuals are accused of conspiring to embezzle large sums from the financial institution, manipulating funds for personal gain. The ACC has vowed to continue its investigation and take appropriate legal action against all involved.