Dhaka:The Anti-Corruption Commission (ACC) has filed two cases against former managing directors of Palli Daridro Bimochon Foundation (PDBF) and three other individuals, alleging mismanagement of public funds that resulted in financial losses for the state-run organization.
According to Bangladesh Sangbad Sangstha, ACC's deputy director Md. Aktarul Islam stated that the accused were responsible for a loss of 247.1 million taka. They allegedly invested public funds from the organization into financially unstable institutions with the intent of personal gain or benefiting others.
The first case lists former PDBF Managing Director Mahbubur Rahman, former Director of Finance Madan Mohan Saha, former Joint Director of Finance Shahidul Haque Khan, and former Assistant Director Md. Aktar Hossain as the accused. The second case includes former Managing Director Madan Mohan Saha, former Joint Director of Finance Shahidul Haque Khan, and current Deputy Director of PDBF, Ruby Khanam.
The investigation, led by ACC assistant director Bilkis Akter, found that public funds were improperly invested in financially weak institutions, contravening decisions made during PDBF board meetings, constituting a criminal breach of trust. The cases have been filed under sections 409 and 109 of the Penal Code, 1860, and section 5(2) of the Prevention of Corruption Act, 1947.