Court Correspondent :
A Dhaka court yesterday sentenced seven people, including a former Deputy Managing Director (DMD), of the then Oriental Bank (now ICB Islamic Bank Limitted) to 10 years’ rigorous imprisonment (RI) each in a case filed on the charge of embezzling Tk 1.61 crore.
The convicted officials are former DMD Imam Ul Haque, former Senior Vice-President (VP) Shah Mohammad Harun, former Senior AVP Abul Kashem Mahmudullah,
former AVP Fazlur Rahman, former Executive Officer Torikul Alam, former Senior Executive VP Mahmud Hossain and former Executive VP Quamrul Islam. Of them, Imam Ul Haque is in the jail while the rest accused are on the run.
Judge Md Shahidul Islam of the Special Judge Court-7 of Dhaka handed down the sentence in presence of convict Imam Ul Haque.
The judge issued arrest warrant against the fugitives while the punishment of the fugitives will be effective from the day of their surrender or arrest, the judge added. The court fined them Tk 20,000 each in default, they will suffer one year more in the prison. The judge also directed the authorities concerned to confiscate Tk 1,61,71,523 in favour of the state.
According to the prosecution, it was alleged that Imam Ul Haque in collaboration with other accused misappropriated Tk 95 lakh from the bank in 2005 which rose to Tk 1,61,71,523 in 2010. Later on October 28, 2015, Md Jahangir Alam, an Assistant Director of the Anti-Corruption Commission (ACC), filed a graft case against Imam Ul Haque and six others with Motijheel Police Station of the city.
A Dhaka court yesterday sentenced seven people, including a former Deputy Managing Director (DMD), of the then Oriental Bank (now ICB Islamic Bank Limitted) to 10 years’ rigorous imprisonment (RI) each in a case filed on the charge of embezzling Tk 1.61 crore.
The convicted officials are former DMD Imam Ul Haque, former Senior Vice-President (VP) Shah Mohammad Harun, former Senior AVP Abul Kashem Mahmudullah,
former AVP Fazlur Rahman, former Executive Officer Torikul Alam, former Senior Executive VP Mahmud Hossain and former Executive VP Quamrul Islam. Of them, Imam Ul Haque is in the jail while the rest accused are on the run.
Judge Md Shahidul Islam of the Special Judge Court-7 of Dhaka handed down the sentence in presence of convict Imam Ul Haque.
The judge issued arrest warrant against the fugitives while the punishment of the fugitives will be effective from the day of their surrender or arrest, the judge added. The court fined them Tk 20,000 each in default, they will suffer one year more in the prison. The judge also directed the authorities concerned to confiscate Tk 1,61,71,523 in favour of the state.
According to the prosecution, it was alleged that Imam Ul Haque in collaboration with other accused misappropriated Tk 95 lakh from the bank in 2005 which rose to Tk 1,61,71,523 in 2010. Later on October 28, 2015, Md Jahangir Alam, an Assistant Director of the Anti-Corruption Commission (ACC), filed a graft case against Imam Ul Haque and six others with Motijheel Police Station of the city.
