Tk903cr embezzlement: ACC to sue 26, including former National Bank officials
The current Deputy Governor of Bangladesh Bank, Md Kabir Ahmad, has also been made an accused. He served as an observer at National Bank.
The Anti-Corruption Commission (ACC) has decided to file a case against 26 individuals, including former officials of National Bank, on charges of embezzling more than Tk903.67 crore from the bank through collusion, forged documents and fraud.
ACC Director General Akhtar Hossain confirmed the development to reporters at the commission headquarters today (4 January).
According to the ACC, the accused abused their authority and breached trust by submitting fake Civil Works Contract Agreements to secure and withdraw loans amounting to Tk600 crore. The loan proceeds were later allegedly siphoned off through cash withdrawals, pay orders and clearing transactions.
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The ACC said that in addition to the principal amount of Tk600 crore, the bank incurred losses of Tk303.67 crore in unpaid interest and other charges as of 30 September 2025. This brought the total amount embezzled to Tk903.67 crore.
The accused include the managing director and directors of Bloom Success International Limited, former and current senior officials of National Bank, former and current members of the bank's board of directors, and owners and managing directors of several contracting and business firms.
Among those are Ahmed Jalal Khan Majlish, managing director of Bloom Success International Limited; Khadija Akhtar, director of the same company; Md Habibur Rahman, former senior executive vice-president and branch manager of National Bank's Dilkusha branch; Arif Md Shahidul Haque, DMD and former branch manager of the bank's Gulshan branch; and Chowdhury Mostak Ahmed, former managing director of National Bank.
In this case, the current Deputy Governor of Bangladesh Bank, Md Kabir Ahmad, has also been made an accused. He served as an observer at National Bank Limited.
In addition, former directors of National Bank Limited – Monowara Sikder, Parveen Haque Sikder, and Ron Haque Sikder – have also been made accused in the case.
The ACC said the accused, acting in a premeditated manner and in collusion with one another, fabricated fake documents to obtain loan approvals and embezzle funds, constituting serious irregularities and criminal offences in the financial sector.
