ACC Deputy Director Mirza Jahidul Alam filed a case with the ACC’s coordinated district office Dhaka-1 on Monday, according to Pranab Kumar Bhattacharya, the spokesman for the anti-graft body. The suspects are Chairman of Hilful Fuzul Social Welfare Organisation Md Rafiqul Islam, so-called Acting Chairman Kabir Ahmed Talukder and Chief Executive Officer Nurul Haque Biswas. They had contracted with Infrastructure Development Company Limited or IDCOL on behalf of the organisation and took over Tk 1.33 billion in loan. In 2006, the Hilful Fuzul Social Welfare Organisation signed a participatory agreement with the IDCOL for distributing solar panels in remote areas of Bangladesh. According to the terms of agreement, the organisation was expected to repay the loan on a quarterly instalment.

Source: bd News24 October 14, 2019 16:41 UTC