The Anti-Corruption Commission (ACC) has filed a case against two officials of Dutch-Bangla Bank and the CEO of an NGO for allegedly embezzling Tk 2.5 crore using forged mortgage documents.
The accused are Mohammad Imam Hossain Chowdhury, CEO of NGO Nowzuwan; KM Ajaz, former manager of Dutch-Bangla Bank’s Muradpur branch; and Kaushik Roy Chowdhury, former loan officer of the same branch.
The case was lodged at the ACC’s Chattogram Integrated District Office-1 on Sunday by Deputy Assistant Director Muhammad Hamed Reza.
Confirming the development, Deputy Director Subel Ahmed said a regular case has been filed under relevant sections of the Penal Code and Section 5(2) of the Prevention of Corruption Act, 1947. He added that if new individuals or information emerge during investigation, they will also be brought under legal action.
According to the case statement, NGO chief Imam Hossain applied for a Tk 5 crore loan from Dutch-Bangla Bank’s Muradpur branch in 2015. For collateral, a land mortgage was submitted under the name of a man identified as Faridul Hasan, a member of the NGO.
However, initial inquiries revealed that the real owner of the land was not Faridul Hasan. Instead, a fake individual, using the same name along with forged national identity documents, executed the mortgage deed.
The loan was approved based on this forged mortgage, allegedly in collusion with bank officials. Manager KM Ajaz and loan officer Kaushik Roy Chowdhury were responsible for verifying the ownership of the mortgaged land but failed to conduct an on-site inspection. They verbally identified the fake person and accepted the forged documents as genuine.
The case further states that Imam Hossain himself introduced the fake “Faridul Hasan” to the bank and was present during the execution of the false mortgage deed.
Verification by the Senior District Election Office later confirmed that the NID used belonged to a fabricated identity, not the actual landowner.
The ACC alleges that the loan was sanctioned and subsequently embezzled through fraud and document forgery.
