Former MD of Islami Bank Monirul Mawla in jail
A court has ordered the arrest of former Managing Director (MD) and Chief Executive Officer (CEO) of Islami Bank Bangladesh PLC Monirul Mawla in a case filed on charges of embezzlement.
The court of Dhaka Metropolitan Senior Special Judge Md. Zakir Hossain Galib passed the order on Monday (June 23) in response to the application of the Anti-Corruption Commission (ACC).
On the same day, the agency’s Deputy Director and Investigation Officer of the case, Yasir Arafat, requested to keep him in jail on behalf of the commission.
ACC Public Prosecutor Mahmud Hossain Jahangir said that since this is a case filed at the ACC’s Chittagong District Integrated Office-1, there is no opportunity to hold a bail or remand hearing in this case in Dhaka. The Dhaka court ordered the accused to be sent to jail. The hearing on the bail or remand of this case will be held in the Chittagong court.
Earlier, on Sunday (June 22), at around 12:45 am, the Dhaka Metropolitan Detective Branch (DB) arrested Monirul Mawla from his house in a residential area of Bhatara, the capital. It is learnt that the accused is accused of creating and using documents through fraud and forgery. Through this, he embezzled a total of Tk 1,924.6 million from Islami Bank and committed money laundering through money transfer, transfer and conversion to conceal the true source and nature of the embezzled money, the case states.
