ACC approves graft case against Major (retd) Mannan, nine others

Staff Reporter :
The Anti-Corruption Commission (ACC) has approved a graft case against Major (retd) Abdul Mannan, Secretary General of Bikalpa Dhara Bangladesh, and nine others on charges of embezzling Tk 24 crore from Bangladesh Industrial Finance Company Limited (BIFC).
The ACC Secretary Mahbub Hossain came up with the information while talking to the reporters at its headquarters on Monday.
He said that the former BIFC chairman with the help of the directors and officers of his organisation fraudulently embezzled Tk 24 crore of customers showing a loan of Tk 11 crore without security deposit and mortgage in the name of Sirajul Islam, the owner of M/s Telecom Service Enterprise.
The accused have been charged under Section 409/420/109 of the Penal Code and Section 5(2) of the Prevention of Corruption Act, 1947 and Section 4(2) of the Prevention of Money Laundering Act, 2012.
The accused of the graft case are former chairman of the BIFC and Secretary General of Bikalpa Dhara Bangladesh  
Major (retd) Abdul Mannan, owner of M/s Telecom Service Enterprise Sirajul Islam, BIFC director Abbas Uddin Ahmed, AMM Jahangir Alam and director Raees Uddin Ahmed.
In addition, the former managing director of BIFC Mahmud Malik, former deputy managing director Inamur Rahman, former senior vice president Saif Faqre Faisal, former Assistant Vice President Ahmed Karim Chowdhury and former senior officer Mohammad Nizam Uddin are also accused in the case.