Former land minister Saifuzzaman Chowdhury -File Photo

CHATTOGRAM, Nov 11, 2025 (BSS) – The Anti-Corruption Commission (ACC) has filed four cases against 19 people, including former Land Minister Saifuzzaman Chowdhury and his wife, as well as former UCB Bank chairman Rukmila Zaman, for embezzling Tk 31.69 crore.

The cases were filed today at the ACC’s Chattogram office.

According to the charges, the accused, in collaboration with Mostafizur Rahman, an employee of B&B Electronics (a company owned by UCB PLC executive committee member and former director Bashir Ahmed), and syndicate member Md. Abul Kalam, engaged in collusion and fraud. They allegedly collected and misused personal information (NID, photos, etc.) of ordinary farmers and part-time workers from villages including Nurul Bashar, Mohammad Ayub, Md. Yunus, and Md. Faridul Alam.

The stolen information was reportedly used to open bank accounts in the names of fictitious institutions and secure loans through criminal breach of trust. Subsequently, Tk 31.69 crore and 25 thousand from the approved loans was misappropriated through transfers and conversions.