Oriental Bank loan scam: 5 ex-officials jailed for 68 yrs

Staff Correspondent: A Dhaka court sentenced five former officials of Oriental Bank Limited to 68 years imprisonment each and fined them Tk 40 million each in four graft cases.

Judge Md Akhteruzzaman of the Special Judges Court-5 delivered the verdict on Tuesday.

Former senior vice president of the bank Shah Md Harun, former senior assistant vice president Abul Kashem Mohammadullah, former senior executive vice president Mahmuda Hossain, former EVP Kamrul Islam and former deputy managing director Fazlur Rahman were awarded 68 years jail each.

The court issued arrest warrants against all the convicts as they have been on the run.

Md Torikul Alam, former executive officer of Oriental Bank, was sentenced to 34 years in prison and also fined Tk 2 crore in two, out of the four, cases.

The court also sentenced proprietor of M/S Afaz Uddin Traders Salauddin to 17 years’ imprisonment and fined Tk 1 crore in one of the cases.

The court also acquitted bank's former executive officer Inamul Haque from the charges.

The four cases were filed in 2006 for misappropriating Tk 40 million in the name of loan disbursement and the Anti-Corruption Commission (ACC) submitted charge sheet in the cases in 2013.


risingbd/Dhaka/April 17, 2018/Mamun Khan/AI