Bank authorities caught the alleged ringleader of forgers, Jahangir Alam, Wednesday while he was cashing a fake draft. Islami Bank officials recovered Tk one lakh from the accused person.

Police arrested Jhangir Alam and seized his motorcycle and mobile phone.

Gaibandha Islami Bank authorities admitted the incident of forgery. The accused person drew over Tk 9 lakh through eleven fake demand drafts since November 20 last year, the bank officials said.

The drafts bore signature of bank officials from where those were sent but the drafts were not genuine, said a bank official.

Jahangir Alam of Khamar Tengorjani village in Gaibandha Sader upazila opened a savings account (No. 7765) with Gaibandha Islami Bank branch few months back. He first deposited three demand drafts for Tk 2.38 lakh issued by Pubali Bank against M/s Aziz-Al-Jamil and Sons of Saudi Arabia.

After collection of drafts, Jahangir Alam drew the money. Thereafter, he at different times drew Tk 6. 74 lakh against eight fake bank drafts.

On February 7, Jahangir deposited a bank draft for Tk 68,000 issued by Pubali Bank. On suspicious, bank officials examined the draft on machine and found it fake.

"Later we have tested all the eleven drafts (deposited by Jahangir) and found those fake", said an official of Islami bank.

During interrogation, Jahangir confessed before bank officials and police that he is member of a gang involved in trading fake drafts between Bangladesh and Saudi Arabia.