Baghdad Group MD held in Ctg

Police yesterday arrested Baghdad Group Managing Director Ferdous Khan Alamgir from Chattogram in connection with several cases filed by different banks over loan scams.

"Ferdous Khan Alamgir has been arrested in a case filed for defaulting Tk 17 crore from City Bank's Khatunganj branch," said OC Nazam Uddin of Kotwali Police Station.

Mohammad Naim Bhuiyan, panel lawyer for the bank, said the bank filed the case with the Money Loan Court in 2012. He said a warrant was issued against him on August 10. According to court sources, the group's bad loans amounted to Tk 300 crore with 12 banks and financial institutions.

In August 2019, Alamgir's wife Meherun Nesa (50), chairperson of the group, was arrested by immigration police at Dhaka airport after she arrived from Canada.