Bank official lands in jail in graft case

Court Correspondent | Published: 00:05, Sep 14,2017

 
 

A Dhaka court on Wednesday sent a National Bank official to jail in a graft case.
Dhaka Metropolitan Magistrate Ziarul Islam passed the order after investigation officer of the case ACC deputy director Jahangir Hossain produced him before the court, court sources said.
Jahangir Alam arrested Shahabuddin Chowdhury, a former executive vice-president of National Bank Limited, from his residence in the capital Tuesday night, the sources added.
On January 17, 2007, a case was filed against six people, including the bank official, with city’s Motijheel police station for allegedly swindling over Tk 2.5 crore out of National Bank Limited
According to the first information report, the accused in collusion with each other withdrew money through opening back-to-back letters of credit (LCs) at the bank using fake documents and swindled the money out of the bank.

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