Photo : Collected
With the connivance of officials, fake buyers and sellers have embezzled loans in the name of buying flats from a private bank.
Initially, the loan was applied for by showing a higher price than the actual value of the flat. Subsequently, the flat was registered at a lower price to evade taxes after the loan was approved. This incident of embezzling money in the name of a flat loan occurred at the private Jamuna Bank.
Meanwhile, the Anti-Corruption Commission (ACC) is also enquiring into this matter after filing a case in the Artha Rin Adalat (money loan court) and a general diary in the police station.
According to the ACC, the loan amount from the bank significantly exceeds the registration value. In this case, both the customer and the bank officials colluded to misrepresent the flat's purchase price during registration to avoid paying taxes. The buyers and sellers are both fraudulent, and no actual buying and selling of flats took place.
In August, the ACC interrogated Jamuna Bank Motijheel branch manager Mustafa Hasan, credit-in-charge Mohammad Golam Farooq, senior executive officer Ali Hossain Hira, executive officer M Abdullah Al Mamun, and sales executive Amirul Islam Khan.
Mizanur Rahman Chowdhury Shamim and his wife Nargis Aktar applied for a loan at the Motijheel branch of Jamuna Bank, claiming the flat's value was Tk 1 crore 65 lakh. They were granted a loan of Tk 84 lakh but registered the flat for Tk 46 lakhs.
The bank authorities filed a case under the NI Act (1989/20) on October 28, 2020, in the CMM Court and in Artha Rin Adalat-2 on February 4, 2021. The complaint states that the national identity cards of Mizanur Rahman Chowdhury Shamim and his wife Nargis Aktar were initially found on the website of the Election Commission during the account opening but later went missing. The transfer of the flat's ownership could not be completed due to fake documents.
According to the ACC, the loan funds were embezzled by purchasing fake flats using counterfeit flat documents and undervaluing the property during registration to evade taxes.
In another incident, Abu Taher Hossain Khan and his wife Afroza Chowdhury applied for a loan at a different branch of Jamuna Bank, declaring the flat's value as Tk 1 crore 85 lakh. They received a loan of Tk 1 crore but registered the flat for Tk 58 lakh 30 thousand.
The bank authorities filed a case under the NI Act (1990/20) on October 28, 2020, in the CMM Court and in Artha Rin Adalat-2 on February 4, 2021. The complaint mentions that the national identity cards of Abu Taher Hossain Khan and his wife Afroza Chowdhury were initially found on the Election Commission's website during the account opening but disappeared later. The flat could not be legally transferred due to fake documents.
According to the ACC, loan funds have been embezzled by purchasing fake flats using counterfeit flat documents and undervaluing the property during registration to evade taxes.
ACC Deputy Director Shawon Mia is enquiring into the incidents.
Jamuna Bank Managing Director and CEO Mirza Elias Uddin Ahmed did not answer his phone and did not respond to WhatsApp messages.
Messenger/Disha
