Janata Bank loan scam: ACC approves charges against Atiur, Barakat and 24 others
According to ACC, the accused approved loans to 22 companies under Anontex Group by relaxing conditions and based on falsified documents, despite the borrowers’ lack of eligibility.
The Anti-Corruption Commission (ACC) has approved a charge sheet against 26 individuals, including former Bangladesh Bank governor Atiur Rahman and former Janata Bank chairman and economist Abul Barakat, in a case involving the embezzlement of Tk1,130 crore from Janata Bank.
The approval was granted today (October 20), confirmed ACC Director General Akhtar Hossain.
Keep updated, follow The Business Standard's Google news channel
According to him, the accused approved loans to 22 companies under Anontex Group by relaxing conditions and based on falsified documents, despite the borrowers' lack of eligibility.
The ACC investigation found that Tk531.43 crore was embezzled in the name of loans, which, with interest, has now risen to Tk1,130.18 crore.
Other accused include Anontex Group Chairman Younus Badal, former Bangladesh Bank deputy governor Abu Hena Mohammad Razi, former executive director Naushad Ali Chowdhury, and former Janata Bank director Jamal Uddin Ahmed, among others.
Earlier on 22 February, the ACC filed the case over the embezzlement of Tk297 crore.
Economist Abul Barakat was arrested and placed on remand in connection with the case.
Abul Barkat is a former chairman of the Economics Department at Dhaka University and the honorary chief adviser of the Human Development Research Centre (HDRC).
