Ex-Islami Bank MD Monirul sent to jail
A court today sent former Managing Director (MD) of the Islami Bank Limited Mohammad Monirul Mawla to jail for misappropriation of money and concealing its sources.
Dhaka Metropolitan Sessions Judge Md Zakir Hossain Galib passed the order as police produced Monirul Mawla before the court.
Deputy Director (DD) of the ACC and Investigation Officer of the case Md Yasir Arafat pleaded to keep him behind bars till the end of the probe.
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After hearing the plea, the judge ordered jail for Monirul, who was also the former chief executive officer (CEO) of the bank.
Earlier on 22 June, the Detective Branch (DB) of police arrested Monirul Mawla from his residence at Bashundhara Residential area in the capital.
The ACC on 19 December last year, filed a case against 58 people including Ahsanul Alam, son of S Alam, and Monirul Mawla for their alleged involvement in embezzling Tk1,092,46,00,000 from the Islami Bank through fraudulent acts.
The DD of the ACC's Chattogram Integrated District Office-1 Md Yasir Arafat filed the case after its primary inquiry.
