• Monday, Feb 24, 2020
  • Last Update : 02:39 pm

Drive at multipurpose cooperative in Chittagong

  • Published at 11:56 pm January 15th, 2020
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3 held, Tk80 million seized

A Detective Branch (DB) team of Dhaka Metropolitan Police (DMP) detained three employees of a cooperative company in Chittagong on charges of cheating and misappropriation of client deposits.

During the drive which began on Tuesday afternoon, the DB team seized around Tk80 million from the cooperative’s office.

The errant company was identified as Rupsha Multipurpose Cooperative Society Ltd, in Chowdhury Market in the city’s CEPZ area, under the jurisdiction of EPZ police station.

Confirming the matter, Mir Nurul Huda, officer-in-charge (OC) of EPZ police station said a DB police team of DMP conducted a drive at the cooperative, based on complaints from the cooperative’s clients.

It is alleged that the cooperative lured hundreds of people near the EPZ area into depositing money with promises of unusually high returns. The company allegedly misappropriated a large amount of money from its clients, who are mostly apparel workers in the EPZ area.   

When news of the drive emerged, hundreds of apparel workers agitated in front of the company’s office and demanded the return of their deposits.