ACC files case against senior official of Standard Bank

Anti-Corruption Commission (ACC) on Sunday filed a case against Senior Assistant Vice President (SAVP) of Standard Bank, Rafiq Mahmood for misappropriating TK 31 crore 18 lakh.

The case was filed with the Coordinated Office, ACC-1 after the primary investigation.

Deputy Director of ACC Public relation office Muhammad Arif Sadeq told UNB that deputy director G M Ahsanul Kabir filed the case against the former manager of the Shyampur branch of the bank.

According to the statement, the bank spotted that the former branch manager Rafiq opened fixed deposits worth Tk 30crore without following proper guidelines of the bank and transferred almost Tk 18 crore to his account.

He used his relatives’ documents to open those fixed deposits to embezzle the money.

The present manager of the same branch of the bank SAVP Jasim Bhuiyan filed a complaint with the Shyampur police station.

Source: United News of Bangladesh