Templates by BIGtheme NET
Home / lead news / Oriental Bank loan scam: 5 ex-officials get 68 years jail  

Oriental Bank loan scam: 5 ex-officials get 68 years jail  

 

Oriental Bank loan scam: 5 ex-officials get 68 years jail  

Dhaka Office : A court here on Tuesday sentenced five former officials of Oriental Bank Limited, now known as ICB Islamic Bank, to 68 years imprisonment each and fined them Tk 4.02 crore each in four graft cases.

Judge Md Akhteruzzaman of the Special Judges Court-5 pronounced the verdict.

Shah Md Harun, a former senior vice president of the bank, Abul Kashem Mohammadullah, former senior assistant vice president, Mahmuda Hossain, former SEVP, Kamrul Islam, former EVP and Fazlur Rahman, former deputy managing director were awarded 68 years jail each.

Arrest warrants were issued against the convicts as all of them are on the run.

The court also sentenced two other ex-officials of the bank-former AVP Torikul Islam and client Salauddin– 17 years jail each in another two cases.

The court also acquitted bank’s former executive officer Inamul Haque from the charges.

The four cases were filed in 2006 for embezzling Tk 4 crore in the name of loan disbursement and the Anti-Corruption Commission (ACC) submitted chargesheet in the cases in 2013.

Leave a Reply

Your email address will not be published. Required fields are marked *

*