Another case against SJIBL director filed
FE Report | Sunday, 29 June 2014
The Shahjalal Islami Bank Ltd (SJIBL) has filed another case against its director and former chairman Mohammed Solaiman and four others over embezzlement of Tk 250 million (25 crore).
The case was filed with the Gulshan police station Wednesday following a decision taken in this connection by the SJIBL's board of directors on the day, the bank said in a statement received Saturday.
The case followed that filed earlier over losses caused to the tune of Tk 1.40 billion (140 crore), in which Mohammed Solaiman was arrested Wednesday.
However, the four other accused in the second case are: ANM Jahangir, SIJBL's terminated executive vice president and former manager at the Jubili Road branch in Chittagong, Enamul Haque, chairman of Paradise Corporation (Pvt) Ltd, Anisul Haque, director of the company, and Md Nasir, owner of M/S Jainab Steel and its sister concern M/S Nasir & Brothers, according to the case.
In the case filed under Sections 420, 406, 409 and 109 of the Penal Code, the bank's deputy company secretary Md Abul Bashar alleged that Mr Solaiman had helped lend Tk 250 million to Mr Nasir illegally.
The case further accused Mr Solaiman of unlawfully transferring Tk 76,380,000 to the account of his own institution -- M/S Paradise Corporation -- through about 10 cheques on different occasions from the bank's client Mr Nasir.
Mr Solaiman was arrested Wednesday by the Anti-Corruption Commission (ACC) in Dhaka in the earlier case filed by the SJIBL's Jubili Road branch in Chittagong.
The bank filed the case with the Chittagong Kotwali Police Station against Mr Solaiman and three others on April 13.
The case accused Mr Solaiman of illegally receiving Tk 186.8 million from the bank's client M/S SK Steel through 61 cheques.
In the case, it was also claimed that Mr Solaiman had caused a financial loss to the tune of Tk 1.4 billion by creating unfair influence to lend the loan to SK Steel and making recommendation on approval of the fund concealing information, said the bank's press release.