UNB, Chittagong :
A court here on Sunday sent an official of United Commercial Bank Ltd (UCBL) to jail in a money laundering case filed by the Anti Corruption Commission (ACC).
Senior Special Judge of Chittagong M Shahnur passed the order after M Golam Kabir, managing director of Geotic Survey Company, a sister concern of the bank, surrendered to the court.
According to the case statement, Golam Kabir attested property as non-mortgaged which was mortgaged to the bank.
Later, he arranged a loan of Tk 18.18 crore for a trader, Ali Abbas, from Khatungaj branch of the bank in order to open a Letter of Credit (LC) for
importing food items which was later siphoned off abroad.
ACC assistant director Mahbubul Alam filed the case against eight people, including Ali Abbas and Golam Kabir, with Kotwali Police Station of Chittagong on January 24, 2013 under the Money Laundering Prevention Act.
A court here on Sunday sent an official of United Commercial Bank Ltd (UCBL) to jail in a money laundering case filed by the Anti Corruption Commission (ACC).
Senior Special Judge of Chittagong M Shahnur passed the order after M Golam Kabir, managing director of Geotic Survey Company, a sister concern of the bank, surrendered to the court.
According to the case statement, Golam Kabir attested property as non-mortgaged which was mortgaged to the bank.
Later, he arranged a loan of Tk 18.18 crore for a trader, Ali Abbas, from Khatungaj branch of the bank in order to open a Letter of Credit (LC) for
importing food items which was later siphoned off abroad.
ACC assistant director Mahbubul Alam filed the case against eight people, including Ali Abbas and Golam Kabir, with Kotwali Police Station of Chittagong on January 24, 2013 under the Money Laundering Prevention Act.
