Photo : BSS

DHAKA, Dec 29, 2025 (BSS) - The ACC today filed a case against five people on charges of embezzling of Taka 2,55,12,214 from Standard Asiatic Oil Company Limited (SAOCL), a sister concern of Bangladesh Petroleum Corporation (BPC).

Assistant Director of the Public Relations department of the Anti Corruption Commission (ACC) Md. Tanzir Ahmed disclosed the information to the journalists at the commission headquarters here.

The case was filed with the Chattogram-1 Integrated District Office by its Deputy Director (Money Laundering) Md. Jahangir Alam of the commission headquarters.

The accused are SAOCL Officer (HR) Abdullah Al Mamun, Deputy Manager (Accounts) and Depot In-Charge Mohammad Mahmudul Haque, owner of Golden Sifat Enterprise Mohammad Gias Uddin Gias, proprietor of Azhar Telecom Md. Sohel Rana and owner of Messrs Medina Quality Limited Md. Masud Mia.

According to the case statement, during the 2018–19 fiscal year, the company funds were embezzled by issuing cheques in the names of fake and non-existent suppliers without opening letters of credit (LCs). 

The ACC investigation found that although payment vouchers and cheques were issued in the name of importing additives, lube base oil and HR plates, the related expenditures were not recorded in the company’s journal vouchers or general ledger.

The ACC said that more than Taka 25.5 million was withdrawn and transferred through five cheques. Of these, three cheques were deposited to the accounts of fake supplier companies, while the money from two cheques was withdrawn in cash. Preliminary evidence indicated that the funds were embezzled in connivance with each other.

The investigation further revealed that instead of transferring money to genuine supplier companies, funds were deposited into the accounts of Golden Sifat Enterprise, Azhar Telecom and Medina Quality. Accused Abdullah Al Mamun was directly involved in depositing the cheques and withdrawing the cash.

ACC sources said that criminal proceedings were not initiated against former director Moin Uddin Ahmed as he passed away on April 26 this year.

The case has been filed under section 409 of the Penal Code, section 5(2) of the Prevention of Corruption Act, 1947 and sections 4(2) and 4(3) of the Money Laundering Prevention Act, 2012.