ZCZC
BSS-37
CASE-ACC
ACC sues bankers, businessman for emblazing TK 133 crore
CHATTOGRAM, Feb 26, 2019 (BSS)-The Anti-Corruption Commission (ACC), Chattogram today filed a case against two officials of AB Bank and a businessman with Halishahor thana for embezzling TK 133 crore.
ACC
assistant director Mohammad Sirajul Hoque filed the case against senior vice president (VP) and monitoring-in-charge of credit information bureau of AB Bank central office Mohammad Azad Hossain and executive VP and former branch manager of port connecting road Nazim Uddin. The accussed busine3ssman is Mozaher Hossain proprietor of Yasir Enterprise , .
Officer-in-charge of Halishahor thana Mohammad Awlad Hossain said the plaintiff of ACC in his first information report (FIR), alleged that the trio in connivance with each other misappropriated the money by opening overseas Letter of Credit (LC) through deception.
After investigation, ACC found that the branch manager Nazim Uddin with the proposal of the central office of the AB bank sanctioned loan and distributed the money by taking mortgage of the land of around six kathas which had a market value of only Tk 1.80 crore.
As per loan sanction agreement the businessman Mozahar Hossain did not pay the money back though it was mentioned in the loan agreement that it was to be paid back to the bank by 31st October 2013.
BSS/corr/MAM/SKB/AS 1951 HRS