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Zakir Hossain arrested for embezzling 47C

In May 2022, ACC filed two cases against eight people including Zakir Hossain after initial investigation on charges of embezzling bank money by taking out loans

Update : 17 Jan 2023, 05:43 PM

Zakir Hossain Duduk, former chairman of Pir Jatrapur union parishad of Comilla's Burichang upazila, was arrested for embezzling a loan of Tk47 crore from United Commercial Bank against tender work orders obtained by forging the documents of Rana Builders.

In May 2022, ACC filed two cases against eight people including Zakir Hossain after initial investigation on charges of embezzling bank money by taking out loans against work order obtained through fraud in Chittagong City Corporation's port connecting road tender process and causing damage to the state by not completing the work as per the terms of the work order.

Sources said the accused obtained the work order from the city corporation by forging documents of the contractor, Rana Builders, and took out a loan of Tk47 crore from UCB's Comilla branch against it. 

However, he embezzled the entire amount without paying the bank loan by cashing the check of the bill received against the work.

Besides, leaving the work of the city corporation unfinished caused public suffering and re-tendering to complete the work resulting in an additional loss of Tk7 crores to the state.

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