Islami Bank official who filed ACC complaint against Shahabuddin, S Alam suspended

Islami Bank yesterday suspended the official who on Monday filed a complaint with the Anti-Corruption Commission against former president Mohammed Shahabuddin, S Alam Group Chairman Saiful Alam, and 36 others over the alleged embezzlement of around Tk 500 crore.

A top official of the Shariah-based bank, requesting anonymity, said Mohammed Yasin Ali, assistant vice-president of the bank’s Foreign Exchange Corporate Branch, did not consult or discuss the matter with the management before filing. He said he was suspended pending an investigation by a committee.

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This correspondent tried to reach Yasin for comment, but he did not respond to phone calls.

Islami Bank acting Managing Director Md Altaf Hossain said, “There is no provision in the bank to directly file a complaint with the ACC. If we file any case, we do so through the court.”

Yasin on Monday told the ACC that the money was embezzled when Shahabuddin was a director of the bank and after S Alam had taken over the bank.