ACC asked to investigate Tk 350m in NCC Bank MD Mosleh Uddin’s account

The Bangladesh Bank’s Financial Intelligence Unit or BFIU has asked the Anti-Corruption Commission or ACC to check the source of about Tk 350 million in NCC Bank Managing Director Mosleh Uddin Ahmed’s accounts.

The ACC had received a letter in which BFIU asked the national anti-graft agency to act over the “unusual” amount of money in Mosleh Uddin’s accounts, the commission’s spokesman Pranab Kumar Bhattacharya told bdnews24.com on Tuesday.

The National Credit and Commerce Bank managing director has denied any wrongdoing and alleged “conspiracy” to soil his image.

Mosleh Uddin amassed the “illegal” money through abuse of power, corruption and tax dodge, an ACC official said, citing the BFIU letter.

The money has been stashed in five banks, two financial institutions and four brokerage houses, according to the official, who requested not to be named as he was not authorised to speak to the media over the letter now.

The NCC MD has received the money, including in foreign currency, in his personal accounts and joint accounts with his wife Luna Sharmin since 2015 when he had become the managing director of the Jamuna Bank, according to the letter.  

Money continued to stream into the accounts from consultants, financial institutions, and borrowers even after he joined NCC Bank in December, 2015, BFIU said in the letter.

Speaking to bdnews24.com, Mosleh Uddin said the BFIU findings were “false”. “They might have counted the total amount of transactions,” he said.

“The allegations may be part of a plot to mar my image. I’ve worked in six banks in my 29-year career in the sector, but has not faced a single allegation,” he added.