The Anti-Corruption Commission (ACC) is set to sue five associate
organisations of Hall-Mark Group for misappropriating a massive amount
of money from the largest state-owned commercial bank, Sonali Bank
The anti-graft watchdog’s Public Relations Officer Pranab Kumar
Bhattacharya told bdnews24.com that 26 cases would be filed against DN
Sports, T and Brothers, Nakshi Knit Composite, Khan Jahan Ali Sweaters
and Paragon Group within Sunday.
He added ACC recently approved filing the cases against those five
sister concerns of the group over the scam.
Allegations surfaced recently that Hall-Mark Group and five other
dubious organisations swindled around Tk 36 billion from numerous
branches of the bank between June 2010 and March 2012.
Hall-Mark alone took Tk 15 billion from the banks Ruposhi Bangla Hotel
Branch and another Tk 11 billion from several other banks showing fake
letter of credit documents.
A Bangladesh Bank report revealed the irregularities, drawing waves of
On Oct 4, ACC filed 11 cases with Ramna police over the incident.
Hall-Mark’s Managing Director Tanvir Mahmud, his wife Chairman Jesmin
Islam and his brother-in-law General Manager Tusher Ahmed are
currently behind bars over the charges.
ACC also detained Ruposhi Bangla Hotel Branch’s former Manager AKM
Azizur Rahman and three others.