BSS-69 Crest Securities’ “fugitive” director Oahiduzzaman arrested

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ZCZC

BSS-69

ARREST-OAHIDUZZAMAN

Crest Securities’ “fugitive” director Oahiduzzaman arrested

DHAKA, July 28, 2020 (BSS) – Detective Branch (DB) of Dhaka
Metropolitan Police (DMP) has arrested Crest Securities’ “fugitive”
director Oahiduzzaman, who had been in hiding since being accused of
embezzling shares and money of stock investors.

Deputy Commissioner of DMP’s Public Relations and Media Wing Walid
Hossain said the DB arrested Oahiduzzaman from the Lake City in
Dhaka’s Khilkhet area today.

DB’s Deputy Commissioner (Ramna zone) HM Azimul Haque said
Oahiduzzaman has been arrested in a fraudulence case which was earlier
filed with the Paltan Police Station.

The investors in the Crest Securities filed the case over embezzling
shares and money of stock investors, he said, adding Oahiduzzaman had
been in hiding since being accused in the case.

Steps will be taken against Oahiduzzaman as per the law after
interrogation, the police official said.

On July 6, police arrested Crest Securities’ Managing Director Md
Shahid Ullah, his wife Nipa Sultana and two others, over embezzling of
shares and money of stock investors through his brokerage houses.

BSS/CORR/SAH/MRU/2253hrs