Three AB Bank officials jailed in graft case

A court here on Wednesday sentenced four persons, including three former officials of AB Bank Limited, to imprisonment of different terms in a case lodged over embezzlement of Taka 3.78 crore.

Judge Sheikh Nazmul Alam of Dhaka Special Judge Court-4 pronounced the judgement in absence of the convicts, as all the four are yet to be arrested. The court issued conviction warrant against them.

The convicts are-AB Bank Motijheel corporate branch manager and former senior vice-president Abu Saleh Md Abdul Mazed, former senior assistant vice-president and manager of Mohakhali corporate branch ALM Bodiuzzaman, former principal officer of the same branch Faruk Ahammed Bhuiyan and Bushra Associates owner Khandaker Mehmud Alam (Nadim).

Of the four, the court sentenced Khandaker Mehmud Alam to eight-year imprisonment and fined him Taka two crore under section 409 of the Anti-Corruption Commission (ACC) Act, sentenced him to four-year imprisonment and fined him Taka five thousand under section 468 and sentenced him to one-year imprisonment and fined him Taka five thousand under section 471 of the Act. All the sentences of jail would run concurrently, the judgement said.

The court sentenced Mazed to seven-year imprisonment and fined him Taka one crore under section 5 (2) of the ACC Act, and sentenced Bodiuzzaman and Bhuiyan to five-year imprisonment and fined them Taka 40 lakh each.

The ACC on February 9, 2015, filed the case with capital's Motijheel Police Station for embezzling Taka 3.78 crore and filed charge-sheet on January 21, 2016. The court on February 24, 2019, framed charges against the accused and came up with the judgement today after examining 11 prosecution witnesses out of the total 13.