Thursday, 7 July, 2022

Loan Forgery

Ex-Sonali Bank MD, 8 others jailed for 17 years

Ex-Sonali Bank MD, 8 others jailed for 17 years

A Dhaka court awarded 17 years of imprisonment to former Managing Director (MD) of Sonali Bank Ltd Humayun Kabir and eight others in a graft case filed against them for embezzling Tk 27 lakh through a clandestine loan.

 Judge Md Iqbal Hossain of Dhaka Special Sessions Judge Court-5 handed down the verdict on Wednesday, convicting the MD and others on two counts.

 Eight others are former deputy managing director Mainul Haque, general manager Noni Gopal Nath, deputy general managers Sheikh Altaf Hossain and Sofij Uddin Ahmed, assistant general managers Kamrul Hossain Khan and Saiful Hasan, managing director of Paragon Knit Composite Limited, Saiful Islam Raza, and director Abdullah Al Mamun.

During the pronouncement of the verdict, Mainul Haque, Sofij Uddin Ahmed, Sheikh Altaf Hossain, and Kamrul Hossain Khan were on the dock, while five others were on the run.

The convicts have been awarded imprisonment for 10 years and fined Tk 27.50 lakh each for swindling money from the bank.

Besides, they were sentenced to imprisonment for seven years and fined Tk 50,000 for committing forgery.

They will have to serve 10 years in jail because they are serving two sentences simultaneously.

Anti-Corruption Commission lodged the case with Ramna Police Station on January 1, 2013, and submitted a charge sheet in the case on May 22, 2014.

The aforementioned convicts were also suspects in another corruption case involving the Hall-Mark loan scam and embezzlement of Tk 1.42 crore. Humayun Kabir was suspended from the bank and sued for the incident. He went into hiding after the warrant for his arrest was issued.

On December 27, last year, Judge Al Asad Arifuzzaman of Special Court-6 convicted Humayun and 10 others and sentenced them to different terms in the case.