The Anti-Corruption Commission (ACC) has filed a case against 26 people, including the former managing director (MD) of National Bank, on charges of embezzling over Tk903.67 crore.
ACC Director General Md Akhtar Hossain disclosed the information to the journalists at its regular media briefing at the commission headquarters on Sunday.
According to the ACC, the accused allegedly approved and withdrew loans amounting to Tk 6 billion by submitting fake civil works contract agreements. Later on, the loan money was transferred, converted and misappropriated through cash transactions, pay orders and clearing.
In addition, due to the loans remaining unpaid, the bank incurred further financial losses of Tk303,67,02,621 in interest and other charges up to 30 September 2025. As a result, the total amount of embezzled money stood at Tk903,67,02,621.
In this connection, ACC Deputy Director G M Ahsanul Kabir filed the case as the complainant under sections 409, 420, 467, 468, 471 and 109 of the Penal Code, 1860, section 5(2) of the Prevention of Corruption Act, 1947 and section 4(2) of the Money Laundering Prevention Act, 2012.
The complaint stated that the accused, through prior planning and connivance with each other abused their power and committed criminal breach of trust by using fake contracts and documents to obtain the loans and embezzle the funds.
The prominent accused of the case are Ahmed Jalal Khan Majlish, MD of Bloom Success International Limited, and its Director Khadija Akhtar, Chowdhury, Mostaque Ahmed, former MD, and ASM Bulbul, Additional MD of the National Bank Limited, its former directors, senior officials, owners and directors of various contracting and business firms and a former observer of Bangladesh Bank, who is currently serving as a deputy governor.
