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Prime accused in Jiban Bima fund embezzlement case arrested

Update : 25 Mar 2015, 07:35 PM

Police yesterday arrested the main accused in a case launched by the Anti-Corruption Commission (ACC) on charge of misappropriating about Tk13.59 crore from Sylhet regional office of state-owned Jiban Bima Corporation.

The arrested, Md Abdul Latif Chowdhury, a resident of Falgunkora village in Chauddagram upazila of Comilla, embezzled the money from 2002 to 2012 when he was manager of the regional office.

ACC Deputy Assistant Director Ranjit Kumar Singha confirmed the arrest, telling that he and the lawsuit’s investigation officer Md Mozaher Ali Sarder with the help of Kotwali police station arrested Latif from Jiban Bima Ambarkhan regional office around 12:40pm.

A seven-day remand would be sought to court for questioning him in this regard, Ranjit Kumar continued. According to the case statement, the ACC, in an investigation, found that Latif as well as ten others embezzled Tk13.59 crore received by them from the clients through 5858 instalments since 2002 till 2012. 

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