2 Janata Bank DGMs held in graft case

Anti-Corruption Commission (ACC) today arrested two senior officials of state-run Janata Bank in two money laundering cases.

Ajmul Haque and SM Abu Hena Mostafa Kamal, the deputy general managers of the bank's Motijheel corporate branch, were arrested by a team of the anti-graft watchdog, ACC Deputy Director Sayed Iqbal Hossain, also investigation officer of the case, told The Daily Star.

Violating the guideline of Bangladesh Bank by exceeding the loan ceiling and breaching the condition of approval, they in collaboration with others, for their own benefits, created opportunity for the companies to export in an improper way and granting loans against false documents, reads the case statement.

The two cases was filed against fifteen people including three directors of Alfa Composite Towel and Sahriash Composite Towel -- Nawrin Habib, Khaja Solaiman Anwar Chowdhury and Shafiqul Anwar Chowdhury -- on November 3, 2013, for Tk 100 crore loan default, the IO said.

Director General Abdusalam Azad, Assistant General Managers (export) Ajay Kumar Ghosh and Faizur Rahman Bhuiyan, export in-charge Jasmine Akhter, Senior executive office Sayed jainal Abedin of the bank's corporate branch have also been made accused in the cases. 

Tk 146.55cr and Tk 186.36cr loans were issued to the two companies between 2010 and 2012, the ACC deputy director added.