Bank manager among 3 jailed for up to 14 years for embezzling customer fundsA court has sentenced two suspects to 14 years in prison each and another suspect to eight years in jail for embezzling Tk 26.5 million from a bank customer through forgery and deception. Anti-Corruption Commission (ACC) Public Prosecutor Mokarram Hossain told bdnews24.com the court sentenced Ifthekhar and Azam to 14 years in prison each, while Zakir Hossain received an eight-year prison term. On Apr 18, 2019, an EBL customer, Kona Dey, had gone to EBL’s OR Nizam Road branch to take a loan out against her Fixed Deposit Receipt (FDR). Iftekhar had taken a loan of over Tk 19.46 million out against an FDR worth Tk 22.9 million, opened by another EBL customer, Abul Mansur Khan. By forging the customer’s signature, the accused transferred a total of Tk 26.57 million from Abul Monsur’s account and misappropriated them.

Source: bd News24 November 11, 2025 11:04 UTC