Ansar VDP Bank Manager Arrested for Loan Fraud

Date:

Post View:

Ansar VDP Bank Manager Arrested for Loan Fraud

Noakhali Correspondent: RAB has arrested Almogir Hossain, the branch manager of Ansar-VDP Unnayan Bank, who allegedly embezzled over Tk 10 crore by issuing loans under false and fictitious names and then went into hiding. He was arrested at around 9:30 PM yesterday from a house in Chattogram. This morning at around 10:30 AM, RAB handed him over to the Anti-Corruption Commission’s (ACC) Noakhali office investigation team.

It is alleged that most of the loan recipients had no real existence, and fake NID cards and mobile numbers were used. Without informing customers, loans were taken in their names and more than Tk 10 crore was embezzled from two branches of the bank before he fled.

During an ACC enforcement operation on October 20, officials inspected and collected documents and found clear evidence of numerous irregularities and fraud. The bank’s internal investigation also confirmed these findings. Based on the allegations, ACC filed two separate cases in the Noakhali Special Senior Judge Court.

In October this year, when the matter came to light, ACC filed two separate cases against him for embezzling around Tk 9 crore. Following these cases, RAB-11 arrested the accused officer Mohammad Alamgir from Chattogram.

ACC Deputy Director Md. Faruk Ahmed said, “After RAB assisted in arresting Manager Alamgir Hossain, we are now taking the necessary steps to produce him before the court following due legal procedure. Two cases have been filed against him for embezzlement and fraud involving customers’ funds in the Senbagh and Noakhali branches. He has been shown arrested in those cases.”

Md. Sujon Mia, Deputy Director and District Commandant of Bangladesh Ansar and Village Defense Party (VDP) in Noakhali, said, “The bank manager embezzled money by showing loans in the names of several of our members. He embezzled nearly Tk 10 crore, which has been revealed in both the ACC and internal bank investigations. He was arrested today in the case filed by the ACC.”

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

ADB chief Masato Kanda calls on PM

A high-level delegation from the Asian Development Bank (ADB),...

Bangladesh to hold first trade and investment conference in June

Bangladesh will host its inaugural Trade and Investment Conference...

BRB Cable begins IPO process to enter stock market

BRB Cable Industries Limited, one of Bangladesh’s leading electrical...

Bangladesh takes fresh steps to recover smuggled funds

B Mirror Report:  The government has signed agreements with...