The Anti-Corruption Commission (ACC) has filed a case against 29 individuals, including directors and officials of National Bank Limited (NBL), for allegedly embezzling Tk 4.59 billion through fraudulent paper bills. Among the accused are members of the Sikder family, who have long controlled the bank. The case was announced by ACC Director General Akhtar Hossain. Notable figures include Ron Haque Sikder, Rick Haque Sikder, and other prominent individuals. The embezzlement involved loans from NBL’s Chattogram Agrabad branch. The court has issued a travel ban on one of the accused, Muhammad Mohsin. The Sikder family had sole control over NBL until the death of long-time chairman Zainul Haque Sikder in 2021. Discussions to merge NBL with United Commercial Bank (UCB) stalled after the fall of the Awami League government, leaving NBL in a liquidity crisis.
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