Photo : Collected
The Anti-Corruption Commission (ACC) has lodged a case against two executive officers, Susham Rumi Khan Chowdhury and Shahedul Hasan, who were suspended from their positions at ICB Asset Management Company Limited (AMCL). The duo is accused of embezzling a substantial amount, specifically 3 crore 18 lakh 91 thousand 300 taka. ACC Assistant Director Minhaj Bin Islam took the initiative to file the case at the Integrated District Office (Dhaka-1) on Monday.
Susham Rumi Khan Chowdhury and Shahedul Hasan stand accused of a blatant abuse of power as they surreptitiously acquired 440 dividend warrants, which were both blank and returned by post or courier, belonging to six open-ended mutual funds managed by ICB Asset Management Company Limited. This illicit activity spanned across various financial years.
Their fraudulent actions extended to manipulating the dividend warrants by cutting and revalidating the names of legitimate customers without the necessary approvals from the relevant department and management authority. The duo orchestrated an elaborate scheme to embezzle funds, channeling the ill-gotten gains through 22 bank accounts registered under the names of 21 individuals, including their friends, neighbors, and acquaintances.
The Anti-Corruption Commission (ACC) has charged them with serious offenses, citing violations under Section 5(2) of the Prevention of Corruption Act, 1947, in addition to Sections 409, 420, 477(A), and 109 of the Penal Code.
Messenger/Disha
