RAKUB's ex-branch manager sent to jail for Tk 13.6m embezzlement

RANGPUR, March 21 (BSS): A court has sent former manager at the Pirgachha branch of Rajshahi Krishi Unnayan Bank (RAKUB) to jail in case of embezzlement of Tk 13.6 million (Tk 1.36 crore) by showing fake crop loans in the name of 168 farmers.

Senior District and Sessions Judge of Rangpur Fazle Khoda Md. Nazir gave the order to send Md Rafiqul Islam, former RAKUB's Pirgachha branch manager, to jail in the case on Thursday.

According to the case details, in 2017, a case was filed under the Anti Corruption Commission (ACC) Act against Rafiqul Islam for embezzling Tk 13.6 million in the name of giving fake crop loans to 168 farmers.

After the investigation, Nurul Alam, assistant director of the ACC's Rangpur Combined District Office, filed a charge sheet in the court against the accused.

The court issued an arrest warrant against him as he had been absconding for a long time.

On Thursday, when the main accused in the case, Md Rafiqul Islam, surrendered to the court and applied for bail, the judge did not grant his bail and ordered him to be sent to jail.

Later, he was sent to jail from the court's custody.

In this regard, ACC lawyer Advocate Harun Or Rashid told local reporters that the accused had embezzled Tk 13.6 million by showing fake crop loans in the names of 168 farmers.

"When former RAKUB Pirgachha branch manager Md Rafiqul Islam surrendered to the court in the ACC case on such charges, the judge ordered him to be sent to jail," he added.