The Anti-Corruption Commission (ACC) has filed a corruption case against three individuals, including a former manager of Agrani Bank, for allegedly embezzling over 180 million through fraudulent means.
The case was lodged by ACC Deputy Director Md. Mustafizur Rahman at the ACC's Narayanganj Integrated District Office on Thursday, ACC Deputy Director and Public Relations Officer Akhtarul Islam told the FE.
The accused in the case are Agrani Bank's former manager Arkanul Haque, Sampan Auto's owner Md. Imam Ul Hasan, and Brose BD's owner Md. Asaduzzaman Sohag.
According to the case details, the accused are charged with abusing their power, engaging in forgery, and violating banking regulations, which led to the misappropriation of over Tk 180.3 million at Agrani Bank's Muktarpur branch in Munshiganj.
The fraudulent activities included opening letters of credit (LCs) under false pretenses without maintaining the required 100 per cent margin.
Additionally, they misrepresented information about margin deposits, allowing funds meant for one customer to be used by another and facilitating the sale of imported goods to different customers through LCs.
Since 2019, Agrani Bank's Munshiganj branch has been operating foreign trade through the Narayanganj Court Road branch.
After 2020, several customers, such as Adnan Enterprise, Sampan Auto, and GM Corporation, were granted LC facilities, supposedly backed by a 100 per cent margin.
However, with the collusion of corrupt bank officials, Sampan Auto and Brose BD opened LCs without maintaining the required margin, submitting false information. In 2021, LCs were opened in the names of GM Corporation, Adnan Enterprise, and Sampan Auto, and the embezzled money was siphoned off through these accounts.
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