Photo: BSS

KHULNA, May 12, 2026 (BSS) - The Khulna University (KU) authorities on Monday formed two separate committees to investigate the allegations of fund embezzlement against assistant registrar of the Business Administration Discipline, Yousuf Raihan.

University sources, however, said accused Raihan is currently on hiding.

The assistant registrar has been accused of embezzling Tk 18 lakh from the Executive MBA (EMBA) programme account by forging signatures of the discipline head and course coordinator.

The alleged financial irregularities came to light on Monday when students visited the department to verify their semester registration information.

Confirming the matter, Head of the Business Administration Discipline Professor Dr. Md. Nur Alam said the assistant registrar had forged both his signature and that of the course coordinator to withdraw money from the bank account.

"The withdrawn amount includes students' semester fees, examination fees and other programme-related funds," he said.

He added that the probe committees have almost completed their work and are expected to submit their reports to the university administration on Tuesday evening.

The authorities said legal and administrative action will be taken based on the findings of the investigation.

Several affected students alleged that they had regularly deposited semester and examination fees through Yousuf Raihan as per existing practice in the EMBA programme.

Victim Jawad said, "We always submitted our fees through Raihan, including this semester. But when we checked our registration status, we found that the payments had not been deposited and our courses were not showing as completed."

Another student, Soumen, expressed frustration, saying, "Since the first semester, we have officially paid fees through him. We never imagined he would misappropriate our money this way."

Course Coordinator Professor S.M. Zahidur Rahman also confirmed the allegations, saying the funds had been withdrawn from the bank through forged cheques bearing fake signatures.

It is learnt that Yousuf Raihan went into hiding after the allegations came to light.

This correspondent could not reach Raihan despite several attempts over phone.