ACC detains ‘corrupt’ businessman at Dhaka airport

Dhaka-airport

Daily Dhaka Times: The Anti-Corruption Commission or ACC has detained a businessman at the Dhaka airport who stands accused of embezzling nearly Tk 50 million from state-run Pubali Bank.

The arrestee, Bahauddin Sadi, is accused in a case that ACC started in 2013 over embezzlement of Tk 49.4 million from the bank.

Pubali Bank’s branch at Narsinghdi’s Madhabdi issued Letters of Credit to Sadi and 10 others between 2010 and 2012.

Sadi opened four fake FDRs (Fixed Deposit Receipt) showing around Tk 81.4 million and embezzled the money, according to the case details.

“Immigration police detained Sadi at Shahjalal International Airport while he was trying to flee to Singapore on Wednesday,” said its spokesperson Pranab Kumar Bhattacharya.

ACC Assistant Director Md Salah Uddin later showed him arrested and handed him to the police, he added.

Sadi’s name is not included in the chargesheet of the case, however.


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