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ACC quizzes 3 City Bank officials

Senior Correspondent |
Update: 2015-02-17 04:42:00
ACC quizzes 3 City Bank officials

DHAKA: Anti-Corruption Commission (ACC) has quizzed three former officials of the head office of The City Bank Limited on allegation of a loan scam.

ACC deputy director and inquiry officer Zulfiqur Ali grilled them from 11:00am to 1:30pm at the ACC headquarters in the capital on Tuesday.

The bank officials are former Senior Executive Officer Masud Al Faruq, SAVP Mohammad Mizanur Rahman, EVP and Manager Mohammad Abdul Kuddus.

Earlier on February 09, ACC has summoned 10 officials of The City Bank Limited in connection with a Tk 18.16 crore loan scam.

The ACC sources said that a businessman named Wahidur Rahman embezzled some Tk 1000 crore from four banks and finance companies, including the city bank limited.

Wahidur Rahman took the amount as loan showing fake documents of several assets and organizations, ACC sources further said.

ACC is going to grill another two top officials of the bank in the afternoon in this connection.

The information came after an inspection conducted by Bangladesh Bank officials. Later, the ACC looked into the loan scam.

BDST: 1535 HRS, FEB 17, 2015

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