The Rapid Action Battalion (Rab)-14 has arrested Md Abdul Wahed, 55, a former ameer of Bangladesh Jamaat-e-Islami's Madarganj upazila unit in Jamalpur, in connection with multiple cases involving the alleged embezzlement of nearly Tk 391.58 crore deposited by customers of Al Aqaba Multipurpose Cooperative Society.
According to Rab, Wahed, a former director of the cooperative society, is a warrant-listed fugitive accused in eight separate cases over the alleged fraud and misappropriation of customers' deposits.
In a press release issued on Wednesday, Rab-14 said the arrest was made as part of its ongoing drive to apprehend absconding accused and maintain law and order. Acting on a tip-off, a Rab team raided the Jamalpur Sadar bypass area at around 4:05 pm on Tuesday and arrested Wahed.
He was handed over to Madarganj Model Police Station and later produced before the Chief Judicial Magistrate's Court in Jamalpur, where Senior Judicial Magistrate Romana Akter ordered that he be sent to jail pending further legal proceedings.