Munshiganj Agrani Bank official lands in jail over 'embezzling funds'

A Munshiganj court today sent an Agrani Bank official to jail over allegations of embezzling money from customers in Sreenagar upazila.

Munshiganj Senior Judicial Magistrate passed the order after police produced the accused, Md Sharifuzzaman Sohag, 43, before the court in the afternoon, said Court Inspector Kamrul Islam.

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Sohag, a cash officer of Sreenagar branch of Agrani Bank, was arrested from Madhya Paikpara in Dhaka’s Mirpur last night, Munshiganj district police said in a press release today.

Originally from Sonapota village under Debiganj upazila of Panchagarh, he currently lives in Dhaka’s Adabor.

Police said Sohag lured customers with the promise of additional 11-12 percent interest. Later, using bank vouchers and his personal seal, he collected substantial amounts of money from customers and embezzled the funds.

After embezzling the money, he went into hiding from September 22. Munshiganj district police later launched a drive to arrest him.

During the arrest, Tk 145,200 in cash, three phones, a checkbook, two ATM cards, and a bank locker key were seized from his possession.

Meanwhile, to determine the actual amount of embezzled money, a 3-member audit team has been formed by the Agrani Bank head office, and their investigation is ongoing.

In addition, the Anti-Corruption Commission (ACC) has taken cognisance of the matter and were conducting a parallel investigation.

Police said Sohag was arrested under Section 54 of the Code of Criminal Procedure.