Staff Reporter :
The Anti-Corruption Commission (ACC) on Tuesday filed a case against the Managing Director of Uttara Investment Multipurpose Cooperatives Society for allegedly swindling of Tk 51.58 crore from the investors.
Deputy Director of ACC SM Mafidul Islam filed the case with Paltan Police Station, Public Relations Officer of the ACC Pranab Kumar Bhattacharya told The New Nation on Tuesday.
According to the ACC probe, Uttara Investment and Multipurpose Cooperatives Society collected over Tk 51.58 crore from investors alluring high interest and deposited the money with the Bangabandhu Avenue branch of City Bank Limited.
Later, Uttara Multipurpose Cooperatives Society Managing Director M Mosharraf Hossain transferred the amount to his personal account of the bank.
It may be mentioned that the case was filed under the Money Laundering Prevention Act 2012. The ACC launched a probe into the graft allegation in 2012.
The Anti-Corruption Commission (ACC) on Tuesday filed a case against the Managing Director of Uttara Investment Multipurpose Cooperatives Society for allegedly swindling of Tk 51.58 crore from the investors.
Deputy Director of ACC SM Mafidul Islam filed the case with Paltan Police Station, Public Relations Officer of the ACC Pranab Kumar Bhattacharya told The New Nation on Tuesday.
According to the ACC probe, Uttara Investment and Multipurpose Cooperatives Society collected over Tk 51.58 crore from investors alluring high interest and deposited the money with the Bangabandhu Avenue branch of City Bank Limited.
Later, Uttara Multipurpose Cooperatives Society Managing Director M Mosharraf Hossain transferred the amount to his personal account of the bank.
It may be mentioned that the case was filed under the Money Laundering Prevention Act 2012. The ACC launched a probe into the graft allegation in 2012.
