Bac files graft case against 3 of a firm, 4 IFIC staff
BSS, Dhaka
The Bureau of Anti-Corruption (Bac) yesterday filed a case against three top functionaries of a construction firm and four officials of the IFIC bank on charge of embezzlement of Tk 6.26 crore.The accused are Chairman of Soil Tack IJMJV firm Mohammad Shamsul Haque, Director Mohammad Shamsuzzoha, former general manager SN Mahmud, bank officials former manager KH Mobarak Hossain, Senior Staff Officers Mohammad Nazrul Islam and Sazzad Jabir and Senior Assistant Vice-president Sayed Zaglul Abbas. The money was deposited to the bank's Dhanmondi branch by the firm as security money against construction of 46.18-kilometre long Tangail-Madhupur feeder road, a project under the Roads and Highways Department, a BAC source said. The project was funded by the Asian Development Bank (ADB) and scheduled to end by April 15, 1992. The firm started the work but failed to complete it. As a result, the security deposit was dispossessed and the IFIC Bank was asked to transfer it to the government exchequer. On investigation, it was revealed that the firm had withdrawn the money with the connivance of the bank officials. The accused bank officials are now working in different IFIC branches and in the head office in the city.
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