Dhaka, Bangladesh
ACC quizzes AB Bank officials on laundering charge

ACC quizzes AB Bank officials on laundering charge

The Anti-Corruption Commission (ACC) quizzed three high officials of the AB Bank on Tuesday over alleged laundering of Tk 165 crore to the United Arab Emirates (UAE), reports UNB. ACC Assistant Director (Public Relations) Pranab Kumar Bhattacharya told UNB that assistant director of ACC and investigation officer Mohammad Gulshan Anowar started the interrogation from 10 am. Three officials of the bank are- Head of Corporate Treasury Mohammad Mahfuz Ul Islam, Head of Offshore Banking Unit Mohammad Lokman, and Senior Vice President MN Azim. Earlier, on December 28 of the last year, the bank's former chairman M Wahidul Haque and former managing director M Fazlur Rahman were interrogated. Wahidul Haque, along with AB Bank's vice chairman and a director, resigned from the bank's board of directors on December 21, 2017 amid allegations of laundering around Tk 165 crore to UAE through two shady organisations in the name of investment. ACC imposed a ban on the travel of 16 senior officials of the bank. BSS adds: Chittagong Special Divisional court in a verdict here today awarded a bank manager ACC quizzes AB Bank officials From Page 16 Col. 3 seven years of rigorous imprisonment for misappropriating over TK 9.9 lakh illegally. Judge Mir Ruhul Amin delivered the verdict convicting Wahidur Rahman Chowdhury former manager of Rupali Bank, Abutorub Bazar Branch under Mirsarai upazila of the district, court sources said. Sources said manager Abu Ahmed after taking charge from his predecessor Wahidur Rahman Chowdhury found that former manager Wahidur has misappropriated TK nine lakh 99 thousand 330 from the branch from May 1, 1995 to April 25, 1999. Wahidur collected drafts from different bank branches of the upazila, but misappropriated it, by not depositing those in his branch. Later, Abu Ahmed filed a case against his predecessor Wahidur Rahman Chowdhury on July 20 in 1999 on charges of misappropriating money illegally. The court framed charges against him on June 21, 2001 and delivered the verdict today after examining eight witnesses out of 13. The court also fined him TK nine lakh 99 thousand 330, in default to suffer one more year of imprisonment. The court ordered deputy magistrate of Chittagong to realize the money from his wealth.

Share |