Embezzlement of Tk993cr from Islami Bank: ACC to sue 54, including S Alam’s son Ahsanul
Ahsanul is a former chairman of Islami Bank Bangladesh
The Anti-Corruption Commission (ACC) is set to file a case against 54 people, including S Alam's son Ahsanul Alam, over alleged embezzlement of nearly Tk994 crore from an Islami Bank branch.
Ahsanul is a former chairman of Islami Bank Bangladesh.
ACC Director General (Prevention) Akhtar Hossain briefed journalists on the matter at the agency's headquarters in Dhaka this evening (8 January).
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"The individuals whose names surfaced in the investigation have been accused of embezzling Tk 993.7 crore from the Jubilee Road branch of Islami Bank in Chattogram through collusion, abuse of power, forgery and fraud," said the watchdog DG.
"Additionally, they have been charged with money laundering for concealing the source of the investments."
Charges have been brought against the accused under the Penal Code, the Prevention of Corruption Act, 1947, and the Money Laundering Prevention Act, 2012, he added.
Earlier on 19 December, the ACC sued Ahsanul and 57 others over alleged embezzlement of Tk1,092 crore taken as loans from the bank's Chaktai branch in Chattogram.
According to ACC sources, 34 Islami Bank officials were involved in the embezzlement.
