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KMCSL chief arrested for swindling Tk 100cr

  • Staff Correspondent
  • 5 November, 2021 12:00 AM
  • Print news
KMCSL chief arrested for swindling Tk 100cr

Members of Rapid Action Battalion (RAB) have arrested chairman of Karnaphuli Multi-Purpose Cooperative Society Ltd (KMCSL) Jasim Uddin and his wife Mahmuda Akhter Lucky from Tangail for swindling about 30,000 clients out of Tk 100 crore.     

A team of RAB-4 arrested them, conducting a drive from Wednesday to Thursday morning, said Sajedul Islam Sajal, media officer of the elite force unit.

Two cars, a pistol, two bullets, 297 Yaba tablets, a mobile set and Tk 96,000 in cash were seized from their residence and office in the capital, he said.

They took the money from the clients, mostly slum dwellers, in the name of DPS and FDR, but did not return.

On October 25, the RAB-4 conducted a raid at the head office of Karnaphuli Multipurpose Cooperative Society in Mirpur and arrested its 10 officers and employees, including Director Shakil Ahmed.