File photo of Prashant Kumar Halder CollectedFive more cases will be filed against PK Halder and his associatesThe Anti-Corruption Commission (ACC) has approved seven separate cases against Prashanta Kumar Halder and 29 of his associates on charges of loan fraud and embezzlement of Tk320 crore from International Leasing and Financial Services (ILFS) through seven ghost companies. The cases were approved during a regular meeting of the ACC on Sunday. According to ACC sources, the commission also decided to file five more cases against PK Halder and his associates, while two other cases are pending. The 29 others accused in the seven approved cases include former chairman of ILFS MA Hashem, former managing director (MD) Rashedul Haque, nine board members and relatives of PK Halder. So far, a total of 15 cases have been filed in the name of ILFS over the embezzlement of Tk1,200 crore.

Source: The Express Tribune November 14, 2021 14:38 UTC