A Dhaka court on Thursday sent to jail the former Managing Director (MD) and Chief Executive Officer (CEO) of EXIM Bank, Mohammad Feroz Hossain, in a case filed by the Anti-Corruption Commission (ACC) for allegedly embezzling Tk857 crore.
Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order as the ACC produced the accused before the court and requested that he be kept in custody until the conclusion of the investigation.
A team of the ACC, led by its assistant director Shahjahan Miraj, detained Feroz from the capital’s Segunbagicha area on Thursday at noon.
The anti-graft body had filed the case on 17 August 2025 against 21 individuals, including the bank’s former chairman, Nazrul Islam Mazumder, for allegedly embezzling Tk857.93 crore and laundering the money abroad.
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