DHAKA, Dec 17, 2025 (BSS) – The Anti Corruption Commission (ACC) today filed eight cases against 86 officials including directors of United Commercial Bank (UCB) for alleged misappropriation of Tk.56.15 crore, appeared as fake loans.

“The accused ex officials and employees of UCB opened current accounts in the name of eight fake organizations and misappropriated Tk.56.15 crore through different branches of the bank,” ACC spokesman Md Aktarul Islam said.

He said former land minister Saifuzzaman Chowdhury, former UBC’s directors Anisuzzaman Chowdhury and Bashir Ahmed and their syndicate were involved in the scam.

The spokesman said their evidence suggested the accused opened current accounts at Chawkbazar, Port, Pahartali and Bahaddarhat branches of the bank in the name of the eight fake companies.

The phony companies are: Asia Enterprise, Moon Enterprise, Islam Enterprise, Sun-Sign Enterprise, Alam Enterprise, Jupiter Enterprise, Nazim & Sons and Al-Razi Enterprise.

The ACC revealed that huge amounts of money were embezzled as loans in their names.

It said of the total amount, Tk.8.0 crore was embezzled in the name of Asia Enterprise in the Chawkbazar branch, Tk.7.0 crore in the name of Moon Enterprise, Tk.6.0 crore in the name of Islam Enterprise and Tk.8.0 crore in the name of Sun-Sign Enterprise.

The ACC also found that Tk.44 million was embezzled in the name of Alam Enterprises while Tk.90 million in the name of Jupiter Enterprises.

The rest Tk.93 million was embezzled in the name of Nazim and Sons and Tk.30 million in the name of Al-Razi Enterprises.

The cases were filed against under Sections 406/409/420/467/468/471/109 of the Penal Code 1860, Section 5(2) of the Prevention of Corruption Act 1947, and Sections 4(2) and (3) of the Prevention of Money Laundering Act 2012.