• Wednesday, Dec 08, 2021
  • Last Update : 12:08 pm

Police arrest AB Bank deputy managing director in fraud case

  • Published at 04:47 pm October 5th, 2021
AB Bank logo


The arrest comes following two others of AB Bank Vice President and Assistant Vice President on Sunday

Police on Tuesday arrested AB Bank Deputy Managing Director (DMD) Abdur Rahman in a fraud case from his Gulshan residence.

Confirming the information, Dhaka Metropolitan Police (DMP) Assistant Commissioner Newton Das (Gulshan zone) said: ”He was nabbed as an arrest warrant was issued against him by the court in a fraud case.” 

However, the police officer did not give any details on the charges.


Also Read - Embezzlement by financial institutions will be marked off as ‘bad loans’


He will be produced before the court very soon, the officer added.

Earlier on Sunday, two other two AB Bank officials - AB Bank Assistant Vice President Abdur Rahim and Vice President Shahidul Islam - were arrested for allegedly embezzling Tk 1.76 billion through fake work orders and illegal bank guarantees.

A court scrapped their petitions for bail and sent them to prison.

On Jun 8, the Anti-Corruption Commission filed a case against 17 people, including two former AB Bank Managing Directors – Mashiur Rahman Chowdhury and Shameem Ahmed Chowdhury on corruption charges.


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