CHATTOGRAM, Sept 28, 2025 (BSS)- The Anti-Corruption Commission ( ACC) here 
today filed a case accusing four businessmen and seven state-owned Agrani 
Bank officials on charges of embezzling Taka 190 crore as accumulated loan 
with principal and interest. 

The accused are seven officials of Agrani Bank and four including three 
owners of Nurjahan Group, a Ctg-based industrial conglomerate, are loan 
receivers.
 
ACC Deputy Director Subel Ahmed confirmed the lodging of the case with its 
local office.

Deputy Assistant Director of ACC Chattogram Integrated Office-1 accusing them 
to disburse loan against foreign LC violating Bangladesh Bank regulations and 
thus misappropriated the amount in connivance, he said.
 
The bank officials are-- ex-principal officer of the Bank's Asadganj Branch 
Mostak Ahmed, ex-DGM of Ctg central region Md Abul Hossain Talukder, ex-GM of 
the Bank's head office Md Obayed Ullah Al Masud, ex-GM of Sylhet Circle Md 
Shams Ul Islam and ex-DGM Tajrina Ferdousi, ex-GM of Head Office Md Mofazzal 
Hossain and Bank's ex-MD and CEO Syed Abdul Hamid.
 
Businessmen who were implicated in the case are loan receiver Md Mizanur 
Rahman, proprietor of M/S Mizan Trading at Katunganj, and guarantors in favor 
of loan receiver and directors of the Jasmir Vegetable Oil Ltd, a sister 
concern of the Nurjahan Group, Zahir Ahmed, Tipu Sultan and Farhad Monowar. 

According to the case statement, ACC in its investigation revealed that 
Agrani Bank's Asadganj Branch had opened a Letter of Credit valuing Taka 
126.11 crore and 52 thousands in favor of M/S Mizan Traders to import 
chickpeas and wheat on the basis of recommendations of five officials of the 
Bank's head office although the actual loan receiver was not a trusted client 
and not fulfilled required pre-conditions of getting the loan against foreign 
LC.
 
The businessmen were accused in the case as they were also signatory of the 
loan sanction letter as guarantor. 
 
The Bank finally disbursed Taka 51 crore out of entire LC value Taka 126.11 
crore and 52 thousand and as the loan amount has not been paid within due 
time, the actual loan amount has now stood at around Taka 190 crore with 
interest. 

The ACC brought the allegation against the accused persons under Sections 409 
and 109 of the Bangladesh Penal Code and Section 5(2) of the Prevention of 
Corruption Act, 1947.