Several firefighting units have been dispatched to the factory in the Bayezid Textile area
He was arrested on Friday.
Moni Singha is accused of supplying bamboo instead of iron rod for the construction of an agriculture department building in Darshana.
The committee found the allegation to be true.
A case was lodged by the Senior Monitoring Evaluation Officer Marina Jebunnahar on Apr 12 against Moni charging him of using inferior quality material for construction.
Two other accused are yet to be nabbed.