Businessman held in Tk 326cr embezzlement case

Members of Rapid Action Battalion yesterday arrested Rising Steel Limited Director Jasim Uddin Chowdhury in a case filed over embezzling Tk 326 crore from AB Bank.
Jasim, brother of Aslam Chowdhury, national executive committee member of the BNP, was arrested in Feni's Mohammad Ali Bazar area early yesterday, read a press release of Rab.
According to the release, Rising Steel Limited is one of the top 20 loan defaulters.
A list of loan defaulters was revealed in the parliament on January 24. Rab has been investigating the defaulters ever since.
Nurul Absar, senior assistant director (media) of Rab-7, said during their primary interrogation they found information about a case filed over embezzling Tk 325.77 crore from AB Bank.
The Anti-Corruption Commission filed the case against Jasim with Halishahar Police Station on July 17, 2016.
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