Sonali Life’s CEO Rashed embezzles Tk150 crore
Staff Reporter :
In a startling turn of events, investigations triggered from concerns of BD Bank have identified Sonali Life Insurance CEO Rashed Bin Aman embezzling Tk 150 crore from the company funds and building his retirement scheme in Australia and Bangladesh.
Taking the life insurance fund as the instrument of his retirement, Aman has been seen as buying luxury cars and accommodation in Australia and Bangladesh recently.
The evidence of his abuse of power and embezzlement has been traced to financial data manipulation, using the company funds to buy assets for himself and even leveraging his assumed position of CEO bend female employees into giving in to sexual advances andmarrying one such individual.
An internal and external audit from Hoda Vasi Chowdhury and Co Ltd revealed the anomalies.
Besides, Bangladesh Bank has yielded discoveries that have shaken the board of directors to their seats.
Evidence of his fraudulent data manipulation, blackmailing female executives for his personal pleasure and stealing money from his company to fund his own villa and lifestyle has reached the authority.
In these turbulent times the newly elected Chairman of Sonali Life, Mostafa Golam Quddus has welcomed the long awaited reprisal of the company funds by Bangladesh Bank and BSEC gave testament to Sonali Life’s testament to transparency and from our investigations it has been found out that an audit that saw its inception on 2023 by MABS and Co has been hidden by Aman and due to whistle blowers the Chairman of the company came to realization of the CEOs rampant abuse.
The unfolding report gave evidence to the CEO and his perpetrators embezzling funds of more than Taka 150 crore and for obvious reasons the decision to suspend the CEO until the investigation is complete was taken by the Chairman.
An investigation committee has been formed by the wings of BFIU and BSEC to give proper accounting info to IDRA and SLICL.
The Chairman in his attempt to make the investigation a fair one has agreed to step away from his position of chairman and assist the investigators in completely fair and unbiased due diligence.
He said, “I want to dismiss all doubts that cloud the minds of our clients and stakeholdersand through my actions I wish to give testament of the company’s transparency.”
The board has promised the clients and stakeholders of Sonali Life and conveyed theirintention of evicting the ones responsible for this crime after the independent audits come to an end and urged everyone to stand with Sonali for the days to come.
