ACC Files Charges Against Agrani Bank Officials for Tk 3.45 Crore Fraud

Industry: Bank, Financial
Company: Agrani Bank
Company Intelligence Tag: Business Insights

The Anti-Corruption Commission (ACC) has filed a chargesheet against four individuals, including three current and former officials of Agrani Bank’s Agrabad corporate branch in Chattogram, for allegedly misappropriating Tk3.45 crore from a city corporation fund. The chargesheet, filed in April this year, details how 41 cheques worth Tk2.46 crore from Japan International Development Agency (JICA) and eight cheques totaling Tk99 lakh from various contractors were diverted into the account of an individual named Suman Mia instead of the mayor of Chattogram City Corporation (CCC). This fraudulent scheme was uncovered when discrepancies were noticed by CCC’s chief accounting officer, prompting the ACC investigation. The accused Agrani Bank officials allegedly facilitated these transactions through a savings account opened in Suman Mia’s name at the Agrabad branch. The ACC has recommended departmental action against CCC officials for negligence in supervising these transactions.

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