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AB Bank’s DMD held

Staff Correspondent
05 Oct 2021 11:33:21 | Update: 05 Oct 2021 17:24:11
AB Bank’s DMD held

Police have arrested a high official of AB Bank Limited on charges of fraudulence.

AB Bank Deputy Managing Director (DMD) Abdur Rahman was apprehended in Gulshan area of Dhaka on Tuesday morning, Abul Hasan, officer-in-charge of Gulshan police station confirmed.

“He is wanted in a fraud case, police arrested him following a court order,” the OC said.

UNB adds: earlier on Sunday, AB Bank Assistant Vice President Abdur Rahim and Vice President Shahidul Islam were arrested for allegedly embezzling Tk 1.76 billion through fake work orders and illegal bank guarantees.

A court scrapped their petitions for bail and sent them to prison.

On Jun 8, the Anti-Corruption Commission filed a case against 17 people, including two former AB Bank Managing Directors – Mashiur Rahman Chowdhury and Shameem Ahmed Chowdhury on corruption charges.

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