Follow-upCheating Depositors

Insurance co official sent to Mymensingh jail

Our Correspondent, Mymensingh
The project manager of Sandhani Life Insurance Company at Aampatti in the district town, earlier picked up by police for his alleged cheating of hundreds of depositors with the company, was sent to jail yesterday. "As the company did not lodge any case with the police station yet, Masud Rana, the alleged project manager, was produced before a Mymensingh court under Section 54 and the court sent him to jail," said Golam Sarwar, officer in charge (OC) of Kotwali police station. Kotwali police took Masud Rana to the police station early Wednesday from Madhya Barera in Sadar upazila where he was confined by the angry depositors. Dolly Akhtar, a field worker of the same company, who was also confined to her house at Madhya Barera by 'cheated' depositors on Tuesday morning, went into hiding after being freed, company sources said. Contacted, Mrinal Kanti Acharya, executive director of Sandhani Life Insurance Company, said that he went to the police station on Wednesday night and requested the OC several times to receive the case but he did not respond. The OC, on the other hand, denied the allegation. Mrinal Kanti said Masud Rana and Dolly Akhtar were suspended from their job on Wednesday for their alleged involvement in cheating the depositors. "The company's central office yesterday formed a four-member probe committee headed by Major (Retd) Tawhidul Islam, general manager of the company. The committee is due to submit its report within a week," he said. "The probe committee members will visit Barera and Madhya Barera today [Thursday] to talk to the victims. The authority also asked me to send an overall report regarding the incident," he added. Hundreds of depositors besieged the regional office of Sandhani Life Insurance Company at Aampatti in the district town Wednesday afternoon in protest against alleged cheating by Masud Rana. Demanding punishment of the people involved in the cheating, they also blocked the road and went to Kotwali police station with a procession. The agitators, from Madhya Barera and Barera areas in Mymensingh Sadar upazila, alleged that company official Masud Rana cheated some 2000 depositors, mostly poor, with false premium receipts during last couple of months. Several of the victims said that they learnt on Monday that their premium instalments in last several months were not deposited with the insurance company office as Masud Rana cheated them with false receipts.