The Anti-Corruption Commission on Wednesday filed a case against 30 people, including ousted prime minister Sheikh Hasina鈥檚 private industry and investment adviser Salman F Rahman and former Bangladesh Securities and Exchange Commission chairman Shibli Rubayat Ul Islam, on charges of embezzling Tk 800 crore.
ACC assistant director Sazzad Hossain filed the case with the commission鈥檚 integrated district office in Dhaka-1, accusing the 30 people of embezzling Tk 800 crore, said ACC director general (prevention) Md Akhtar Hossain.
The others accused are former BSEC commissioners Rumana Islam, Mizanur Rahman, Sheikh Shamsuddin Ahmed and Abdul Halim, former IFIC Bank vice-chairman Ahmed Shayan Fazlur Rahman, Sreepur Township Limited managing director Mashiuzzaman, its director Tilat Shahrin, former IFIC Bank managing聽 director Md Shah Alam Sarwar, former IFIC Bank directors Sudhangshu Shekhar Biswas, Rabeya Jamali, ARM Nazmus Shakib, Kamrun Nahar Ahmed, Golam Mostafa, Zafar Iqbal, IFIC Bank deputy managing director Syed Mansur Mustafa, loan performance head Md Moinuddin, deputy managing directors Md Rafiqul Islam, Gitanka Devdeep Dutta, Md Nurul Hasnat and Monitur Rahman, IFIC Bank treasury head Mohammad Shahin Uddin, former Dhanmondi Branch branch manager and first vice-president Nazimul Haque, former manager Hossain Shah Ali, relationship manager Sardar Md Mominul Islam, senior principal officer Ayesha Siddika and first assistant vice-president Silvia Chowdhury, Sandhani Life Insurance Company Ltd chief executive officer Nimai Kumar Saha, and its company secretary Mizanur Rahman.
According to the case statement, the accused in collusion with each other and abusing power took Tk 1,000 crore through bonds from investors in the name of a newly registered company 鈥楽reepur Township Limited鈥� without collecting Credit Information Bureau report.
Abusing power and forging documents, the accused also made an overvaluation of a mortgaged property (a piece of land worth Tk聽87 crore was evaluated at Tk聽1,020 crore) without inspecting or verifying the value of the mortgaged property on site, it said.
Initially the money was deposited in a current account, then a fixed deposit receipt worth Tk聽200 crore was made and the remaining Tk 800 crore was transferred to various institutions, including Beximco Engineering Limited, said the case statement.
Later, the accused embezzled the money after withdrawing it in cash and they also committed offences through conducting suspicious transactions and money laundering, said the case statement.
After the fall of the autocratic Awami League regime amid a student-led mass uprising on August 5, 2024, law enforcement agencies arrested Salman F Rahman, also a former AL lawmaker from the Dhaka-1 constituency and Shibli Rubayat Ul Islam, also a professor at Dhaka University, in connection with separate cases. They are now in jail.