ACC sues credit union league ex-chairman among 7 for embezzling Tk 97 crore

Staff Correspondent

2nd December, 2019 09:16:09 printer

ACC sues credit union league ex-chairman among 7 for embezzling Tk 97 crore

The Anti-Corruption Commission (ACC) on Monday filed a case against seven people including former chairman of The Co-Operative Credit Union League of Bangladesh on charges of embezzling Tk 97 crore in the name of investment.

ACC deputy-assistant director Muhammad Shihab Salam filed the case with its integrated district office 1 in Dhaka against the seven accused for the graft charges, said ACC public relation officer Pranab Kumar Bhattacharjee.

The accused are Credit Union League of Bangladesh former chairman Saimon A perero, its former general manager Ratan F Costa, owner of Arian chemicals limited Md Omar Sharif, owner of Shapnil trading corporation Md Jubaidur Rahman, owner of Shahid Trading corporation Gazi Shahid, owner of Hasan Trading corporation Hasan Morol and Mamun enterprise owner Masum Billah.

According to the case, the accused embezzled Tk 97 crore of the co-operative Credit Union League of Bangladesh in the name of buying shares and investment on behalf of Arian Chemicals Limited abusing their power and providing fake information and documents.

They committed offences under section 4 (2) of money laundering act-2012 through transferring the money to hide the sources, location and ownership of the money.


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