A case has been filed against S Alam Community Chairman Saiful Alam and ragged Islami Bank deputy managing director (DMD) Akiz Uddin on the price of swindling a woman entrepreneur out of Tk29 crore.
Nazme Nowroz, owner of La Aristocracy restaurant in Chattogram, filed the grievance on the court docket of Chattogram Metropolitan Justice of the Peace Abu Bakar Siddique this day (12 December).
The plaintiff’s legal expert Subhankar Ghosh acknowledged the court docket has popular the grievance and ordered an investigation by the Prison Investigation Department (CID).
In her grievance, Nazme acknowledged that she is a businesswoman who on the starting build met Saiful, ragged chairman of First Security Islami Bank, to win monetary assistance for her business.
Saiful equipped her with a Tk2 crore loan via the Kazir Dewri Mohila Branch of First Security Islami Bank. Over time, between 2016 and 2021, extra loans totalling Tk30 crore were popular.
However, Saiful, along along with his personal assistant on the time Akiz, allegedly misappropriated Tk29 crore by exploiting blank cheques that Nazme had signed as loan safety. When she wished her cash again, Nazme alleged that she turned into threatened with being abducted.
“Whenever I requested the return of my cash, Akiz Uddin issued threats of abduction or execute,” she alleged.
The S Alam Community chairman reportedly left the country after Sheikh Hasina’s ouster on 5 August. As of late, he declared himself a Singaporean citizen in a letter to the Bangladesh Bank. Meanwhile, Akiz stays absconding, and their feedback concerning the allegation could now not be obtained.
First Security Islami Bank has a great debt of Tk234 crore to La Aristocracy, Nowroz Enterprise, and Neelima Nile Agro Minute.
Saiful, Akiz, and Nazme allegedly embezzled funds by disbursing loans to these entities, leaving the bank with unresolved monetary liabilities.
