ACC sues 5 companies over Sonali Bank scam

The Anti-Corruption Commission (ACC) has sued five organisations for misappropriating Tk 3.5 billion from the largest state-owned commercial bank, Sonali Bank Ltd.
The ACC has filed 26 cases with the Ramna Police Station on Tuesday, its spokesperson Pranab Kumar Bhattacharya told
The cases were filed against DN Sports, T and Brothers, Nakshi Knit Composite, Khan Jahan Ali Sweaters and Paragon Group.
Thirty five officials, presumably of these companies, have been sued.
Allegations have surfaced lately that the Hall-Mark Group and five business groups were behind swindling of around Tk 36 billion from numerous branches of the Sonali bank between June 2010 and March 2012.
Hall-Mark alone is said to have taken Tk 15 billion from the bank’s Ruposhi Bangla Hotel Branch and another Tk 11 billion from several other banks, brandishing fake letter of credit documents.
A Bangladesh Bank report revealed the gross irregularities, provoking huge criticism.
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.

Leave a Reply