ACC arrests ICB Islami Bank general manager over embezzlement of Tk 18.5 million

The Anti-Corruption Commission has arrested ICB Islami Bank General Manager Humayun Kabir on charges of embezzling around Tk 18.5 million.

Staff Correspondentbdnews24.com
Published : 20 July 2016, 06:48 PM
Updated : 20 July 2016, 06:48 PM
ACC Deputy Director Pranab Kumar Bhattacharya said Kabir was arrested on Wednesday for allegedly misappropriating funds when the bank functioned as Oriental Bank in 2005.

Ashfaqul Hakim is a former executive of the bank’s Karwan Bazar branch. 

Kabir was a junior executive when they had allegedly withdrew and embezzled the money, the ACC official said.

ACC also arrested a former manager of Janata Bank’s Uttarkhan branch in a seprate case over the siphoning off around Tk 550,000 from one account to another.