Pubali Bank official arrested for embezzling BDT 17m

Last updated: April 16, 2014

Dhaka, Bangladesh (BBN) - The officials of Anti-Corruption Commission (ACC) has arrested an official of Pubali Bank Limited for misappropriating BDT 16.80 million through issuing fake vouchers against bank drafts, officials said.

A team of ACC picked Mashiul Alam, who is posted at the bank's at RK Mission Road, branch in Dhaka, remains suspended, up from Tejgaon area in the capital on Wednesday morning.

Alam had embezzled BDT 16,800,999 in several phases producing fake vouchers against 82 demand drafts, an official of the anti-graft agency confirmed.

On September 23 last year, the private commercial bank’s authorities filed a case with Wari Police Station against Alam for misappropriating BDT 16.80 million by issuing fake vouchers against 28 bank drafts.

Later, the case was shifted to the ACC for investigation.

BBN/SSR/AD-16Apr14-8:34 pm (BST)

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