The Anti-Corruption Commission on Thursday filed three cases against 24 current and former officials of AB Bank Ltd, mostly form a past board, including the bank’s chairman M Wahidul Haque, and an individual on charge of siphoning Tk 236 crore.
The money was taken to Singapore, Dubai and the USA, said ACC secretary Md Dilwar Bakth.
The rest of the accused include former managing directors Moshiur Rahman Chowdhury and Shamim Ahmed Chowdhury, and former directors MA Awal, Fahim Ul Haque, M Imtiaz Hossain, Syed Afzal Hasan Uddin, Shishir Ranjan Bose, BB Saha Roy, M Mezbaul Haque and Jakia SR Khan.
They also include director Firoz Ahmed, deputy managing director and head of operations Sajjad Hossain, vice-presidents Lokman Hossain and M Shahjahan, senior principal officer Arif Newaj, and assistant vice-presidents Kazi Ashiqur Rahman and Paten Chakrabarti.
The other accused are former executive vice-president Kazi Nasim Ahmed, former senior executive vice-presidents Abu Hena Mustafa Kamal and Salma Akter, former executive vice-presidents M Shajahan and Sorfuddin Ahmed, EVP M Aminur Rahman and businessman ANM Taybur Tashid.
ACC deputy director Jahangir Alam and assistant directors Jesmin Akter and Nargis Sultana filed the cases with the Dhaka-1 integrated office of the commission, said the ACC secretary.
Addressing a press conference at the ACC head office, the secretary said that about 18 of the 25 people would be prosecuted in all three cases.
He revealed that the money had been laundered to Singapore and Dubai between 2014 and 2016.
In collusion with a section of the bank management and officials, three overseas companies using addresses in Singapore, Dubai and the USA filed applications to the bank for loans from its offshore banking unit during the time, the official said, adding that the companies did not exist.
The three fake companies are Sematcity General Trading LLC, ATZ Communications Pte Ltd and Euro Cars Holdings Pte Ltd.
Of the money, Tk 60.40 corer was siphoned by Sematcity General Trading LLC and Tk 14.88 crore by ATZ Communications Pte Ltd to Singapore between 2014 and 2016 while Tk 160.80 crore was laundered to Dubai and the USA by Euro Cars Holdings Pte Ltd from 2015 to 2016, according to the ACC findings.
The companies, said the ACC inquiry, opened the bank accounts for the loans after they had submitted the credit applications.
The commission initiated the inquiry in 2018.
On March 5, the commission, in connection with another money-laundering incident, had approved a charge sheet against Wahidul Haque and seven others on charge of their alleged involvement in siphoning around Tk 165 crore to the United Arab Emirates.
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