Government Policy

ACC sues NSU trustee board chairman, 5 others for stealing money

The Anti-Corruption Commission (ACC) on Thursday sued the chairman of the board of trustees of North South University (NSU) Azim Uddin Ahmed and five others for embezzling money in the name of buying land for the campus.

The other accused are: Managing director of Ashalaya Housing and Developers Limited Amin Mobammad Hilali and NSU Board of Trustee members M.A. Kashem, Benazir Ahmed, Rehana Rahman and Muhammad Shahjahan.

ACC Secretary Mahbub Hossain confirmed this at a media briefing at ACC headquarters in the capital.

The investigating officer of the ACC’s Deputy Director Farid Ahmed Patwar filed the case, he said.

According to the Private University Act, 2010, the Board of Trustees is the highest governing body of a private university like North South University. According to the Memorandum of Association and Articles (Rules and Regulations) of the University, the University is a charitable, welfare oriented, non-commercial and non-profit educational institution.

The case states that over 9088 decimal land was bought in the name of campus development of NSU through the consent of some members of the Board of Trustees bypassing the approval of the University Syndicate, University Grants Commission and Ministry of Education.

They later withdrew cash from the buyer through cash check in their own names and kept FDR in their own names. Later, they themselves embezzled the FDR money.

They have unjustly benefited themselves by committing illegal activities, criminal misconduct through misuse of power and embezzling university and government funds, according to the case.

In carrying out such illegal activities, they have committed a punishable offense by resorting to fraud and forgery and exchanging commissions.

Source: United News of Bangladesh