Staff Reporter :
The Anti-Corruption Commission (ACC) has filed a case against 54 individuals, including Ahsanul Alam, son of prominent businessman S Alam, over allegations of embezzling Tk993 crore from Islami Bank’s Jubilee Road branch in Chattogram.
ACC Director General (Prevention) Akhtar Hossain disclosed the development to journalists on Wednesday evening at the agency’s headquarters in Dhaka.
According to the ACC, the accused collaborated to embezzle the money through fraudulent means, breaching the trust of investors and stakeholders.
Ahsanul Alam, who is a former chairman of Islami Bank Bangladesh, is accused of laundering Tk933.70 crore from the branch, concealing the source of the funds in the process.
“The funds were laundered with the intention of hiding their origins, depriving investors of their rightful returns,” said the ACC DG.
The charges have been filed under sections 409, 420, 467, 468, 471, 477A, and 109 of the Penal Code; Section 5(2) of the Corruption Prevention Act, 1947; and Section 4(2) of the Prevention of Money Laundering Act, 2012.
The ACC has pledged to conduct a thorough investigation to ensure accountability and transparency in the financial sector.
