Krishi Bank DGM Zubair sent to jail over loan scam

A court today sent a deputy general manager (DGM) Zubair Monjur of Bangladesh Krishi Bank to the jail in three separate cases filed against him on charges of embezzlement of Taka 430 crore by the Anti-Corruption Commission (ACC).

Senior Special Judge of Dhaka Md Kamrul Hossain Mollah sent the bank official to the jail after rejecting his bail prayer as he surrendered before the court in the graft cases, according to a news agency.

The DGM along with some others were accused in the cases filed with Tejgaon Police Station in August last on charges of embezzling Taka 430 crore after giving a loan on fake documents.

Earlier on September 22 last, the ACC arrested former DGM of Bangladesh Krishi Bank Iqbal Hossain Molla in a case filed on August 4 over misappropriation of Tk 49.26 crore.