Bank-embezzlement

The Anti-Corruption Commission (ACC) has filed a case against ousted Prime Minister Sheikh Hasina and her sister Sheikh Rehana over allegations of embezzling more than Tk 276 crore in the name of the Bangabandhu Sheikh Mujibur Rahman Memorial Trust. ACC Secretary Md. Saidur Rahman Khan disclosed the information at a press conference at the ACC office on Thursday afternoon. The case was filed at the ACC's Dhaka District Office. Former EXIM Bank Chairman Nazrul Islam Mazumder has also been...

Police have uncovered the alleged embezzlement of Tk 10,557,500 from 48 customers of Dutch Bangla Bank at an agent banking outlet in Mirikpur, Noakhali by showing a ‘server error’ and issuing fake deposit slips. The investigation was conducted by the Police Bureau of Investigation (PBI). The outlet owner Md. Nasir Uddin alias Khokon was arrested in connection with the case. He later gave a confessional statement before the court under Section 164 of the Code of Criminal Procedure. Accordi...

A court has sentenced four former officials of Dhaka Bank Limited to 20 years in prison under three separate sections in a case filed over criminal breach of trust, forgery and embezzlement of money. The convicts are former Executive Vice President of the bank’s Central Accounts Department and Investment Department Kazi Farid Uddin Ahmed FCA, Vice President Abu Mohammad Saeed Khan, Senior Principal Officer Prabir Kumar Bhowmik and Shawkat Ali. Judge Muha. Hasanuzzaman of Dhaka Special Jud...