Ex-Krishi Bank DGM held over loan scam

Anti-Corruption Commission (ACC) today arrested a former deputy general manager of Bangladesh Krishi Bank in connection with a case filed over misappropriation of Tk 49.26 crore.

An ACC team, led by its deputy director Shamsul Alam, arrested Iqbal Hossain Molla, from his residence in Uttara Model Town around 2:00am, said Pranab Kumar Bhattacharya, ACC’s Public Relations Officer.

The anti-corruption watchdog filed the case with Tejgaon Police Station accusing Molla and five others on August 4.

According to the case, while discharging his duties as DGM of BKB’s Karwan Bazar Branch, Iqbal in connivance with others created fake documents of mortgage and disbursed loan of Tk 49,26,24,975.