Published on 12:00 AM, May 29, 2017

ACC sues ex-IFIC bank director

The Anti-Corruption Commission (ACC) yesterday filed a case against a former director of IFIC Bank Limited for allegedly acquiring illegal wealth.

ACC deputy director Sheikh Abdus Salam filed the case against Mohammad Lutfar Rahman Badal with Ramna Model Police Station in the capital, ACC spokesman Pranab Kumar Bhattacharya told the news agency.

According to the first information report (FIR), Abdur Jabbar, a resident of the capital's Monipuri Para, earlier in May 2016 submitted a complaint to the ACC chairman that former IFIC Bank director Badal was involved in stockmarket scam and amassed a huge amount of wealth illegally.

Responding to an ACC notice, Badal's wife Soma Alam Rahman submitted a wealth statement to the ACC on August 8, 2016, on behalf of him.

After scrutinising the wealth statement, ACC found that Badal accumulated illegal wealth worth about Tk 60 crore and also concealed Tk 2.33 lakh in his statement, the FIR said.