Friday, 12 July, 2024, Reg No- 06
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Restrictions on four Premier Bank officials to go abroad

Published : Sunday, 23 June, 2024 at 8:14 PM  Count : 3221

Restrictions on four Premier Bank officials to go abroad

Restrictions on four Premier Bank officials to go abroad


A court has imposed restrictions on foreign travels of four Premier Bank officials on charge of embezzling money by sanctioning forged loans worth Tk 3,500 crore.

Senior Special Judge of Dhaka Mohammad Ash Shams Jaglul Hossain passed the order responding to a prayer submitted by the Anti-Corruption Commission (ACC) on Sunday (June 23).
The officials who faced restrictions were Premier Bank's additional vice-president and Narayanganj branch's manager Shahid Hasan Mallick, vice-president and Narayanganj branch's second officer Mushfiqul Alam, Foreign Exchange in-charge Deepak Kumar Debnath and Credit In-charge Mohammad Mehedi Hasan Sarker.

ACC's public prosecutor Mahmud Hossain Jahangir confirmed it.

ACC's deputy director and head of the investigation team Mostafizur Rahman mentioned in his prayer that the officials of Premier Bank's Narayanganj branch and head office in connivance with each other sanctioned Tk 3,500 crore fake loans in favour of 43 suspected ready-made garments owners through forgery, irregularities and corruption in guise of back-to-back L/C facilities.

Through sanctioning the loans, the officials have embezzled huge amount of money and committed crimes under the Money Laundering Prevention Act which is now under investigation.

It was also mentioned in the prayer that a three-member investigation team has been formed to probe the allegations of corruption against the Premier Bank officials. It was learnt that the accused have planned to launder money and leave the country. Because of it, restrictions need to be imposed on their foreign travels.

END/SZA
 

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Restrictions on   oreign travels   four Premier Bank officials  








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