The Anti-Corruption Commission on Sunday arrested former Bangladesh Development Bank Limited general manager Syed Nurur Rahman Kadri in a case filed against 11 people on charges of misappropriating around Tk 175 crore from the bank.
The commission officials said its deputy director Gulshan Anowar Prodhan arrested Nurur Rahman at Matsya Bhaban area in Ramna around 4:00pm on Sunday.
The case details said the accused in connivance with each other misappropriated 174.61 crore by sanctioning loans without checking the authenticity of documents, existence of the beneficiary institutions. The bank’s dues including interest stood at Tk 174.61 crore until December 31, 2018.
Despite knowing the clients’ given documents were not authentic, the bank officials loaned clients for ill-intention of benefitting clients and themselves, it said.
The other accused in the case are the bank’s former senior principal officer Dinesh Chandra Saha, MM Vegetable Oil Products Limited chairman Hefazatur Rahman, its managing director Jahir Uddin and directors Kamal Uddin, Kafil Uddin, Rafiq Uddin, Shafiq Uddin, and Jashim Uddin, Lucida Trading proprietor M Nasir Uddin Chowdhury, Globe International proprietor Mahbubul Alam Chowdhury.
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