A court in Barishal district on Tuesday jailed a Grameen Bank official for seven years for embezzling around Tk 4.94 crore of the depositors.
Convict Delwar Hasan is the former manager of Raypasha branch of the bank located in Sadar upazila.
Barishal Divisional Special Judge Md Mohsinul Hakim also fined him in absentia the same amount of the swindled money.
While serving the Grameen Bank branch, Delwar misappropriated the depositors' about Tk 4,94,22,238 by counterfeiting their signatures between August 1, 2010 and December 11, 2011, quoting the verdict, he court bench assistant Harun Or Rashid said.
RK Mazumder, then deputy director of Anti-Corruption Commission's Barishal office, lodged a case against Delwar with Kotwali Police Station on July 30, 2012 in this connection.