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NSU trustee board chairman, 5 others sued for embezzling money

UNB . Dhaka
05 May 2022 21:52:20 | Update: 05 May 2022 22:10:54
NSU trustee board chairman, 5 others sued for embezzling money
— File Photo

The Anti-Corruption Commission (ACC) on Thursday sued the chairman of the board of trustees of North South University (NSU) Azim Uddin Ahmed and five others on charges of embezzling money in the name of buying land for the campus.

The other accused are — Ashalaya Housing and Developers Limited Managing Director Amin Mohammad Hilali and members of the NSU board of trustees MA Kashem, Benazir Ahmed, Rehana Rahman and Muhammad Shahjahan.

ACC Secretary Mahbub Hossain confirmed this at a media briefing at ACC headquarters in the capital.

ACC Deputy Director Farid Ahmed Patwar, also the investigating officer, filed the case, he said.

According to the Private University Act, 2010, the board of trustees is the highest governing body of a private university like North South University. According to the Memorandum of Association and Articles (Rules and Regulations) of the University, the university is a charitable, welfare oriented, non-commercial and non-profit educational institution.

The case states that over 9,088 decimal land was bought in the name of campus development of NSU through the consent of some members of the board of trustees bypassing the approval of the university syndicate, the University Grants Commission, and the Ministry of Education.

They later withdrew cash from the buyer through cheques in their own names and kept FDR in their own names. Later, they themselves embezzled the FDR money.

They have unjustly benefited themselves by committing illegal activities, criminal misconduct through misuse of power and embezzling university and government funds, according to the case statement.

In carrying out such illegal activities, they have committed a punishable offense by resorting to fraud and forgery and exchanging commissions.

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