SATKHIRA, June 26 (UNB): Police in a drive arrested three officials of a fake non-governmental organisation (NGO), including its head, from a hotel in the district town on Friday morning, on charge of conning people out of Tk 450 million (45 crore).
The arrestees were identified as Abdur Razzak (50), chief of RDP Finance and Investment, its Satkhira branch manager Julkar Nain and cashier Hafizur Rahman.
Tipped off that the NGO officials were holding a meeting at Tiger Plus Hotel to reorganise the NGO, a team of police conducted the drive there in the morning and arrested them.
Emdad Sheikh, officer-in-charge (OC) of Sadar thana, said the NGO swindled around Tk 450 million (45 crore) from 20,000 people promising to provide them with Tk 2,500 as interest against the investment of Tk 0.1 million (1.0 lakh) per month.
The cheated clients laid siege to the local NGO office on May 13 this year as they refused to pay the profit as well as the capital.
Fake NGO officials held
FE Team | Published: June 27, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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