ACC approves filing charge sheet against five Oriental Bank officials

The Anti-Corruption Commission on Thursday gave approval to filing of the charge sheet against five officials of the erstwhile Oriental Bank Limited, on the charge of embezzlement of depositors’ money to the tune of Tk 7.5 crore.
The five accused misappropriated the money by disbursing loans to a non existent  business firm named M/S Arvit International, ACC public relations officer Pranab Kumar Bhattacharya told reporters.
The accused include, Oriental Bank’s  former senior assistant vice-presidents Mustak Ahmed and M Manjurul Alim, AVP Tariqul Islam Khan and executive officers Safiul Aziz Pavel and AS Mahabub Alam.
In March 2014, ACC had filed a case against them with Tejgaon police station.
After the Oriental Bank was shut down due to irregularities, ICB Finance Group bought its assets and renamed it ICB Islami Bank in 2009.