Loan scam: Ex-Bangladesh Krishi Bank DGM lands in jail | Daily Star
07:11 PM, November 28, 2017 / LAST MODIFIED: 07:34 PM, November 28, 2017

Loan scam: Ex-Krishi Bank DGM lands in jail

A Dhaka court today sent Md Jubayer Manjur, a former deputy general manager of Bangladesh Krishi Bank (BKB), to jail in four corruption cases filed over misappropriating Tk 430 crore from the state-owned bank.

Judge Kamrul Hossain Mollah of the Senior Special Judge’s Court of Dhaka passed the order after Zubayer Monjur, also former Manager of Ramna Corporate Branch of the bank, surrendered before the court seeking bail.

The court, however, granted bail to him in one of the cases.

On August 4, the Anti-Corruption Commission filed the cases with Tejgaon Police Stations accusing Jubayer, three bank officials and two people including a chairman of a sweaters factory for their alleged involvement with misappropriating TK 430 crore.

The other accused are M/S RN Sweaters Chairman Hosne Zaman Chowdhury, her husband Managing Director of the factory Rashidun Nabi Chowdhury and four former BKB officials-- Shah Sarfuddin Ahmed (SPO), Md Sawrar Hossain (AGM), Md Jubayer Manjur (DGM) and ABM Ataur Rahman (DGM).

According to the case statements, the six accused in collusion with each others took the amount of Money from the Karwan Bazar branch of Bangladesh Krishi Bank as loan violating rules of the bank and Bangladesh Bank and they embezzled the money.

Two more cases were also filed against several other bank officials for their alleged involvement with misappropriating a big amount of money from the same bank.

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