Sonali Bank ex-MD among 9 jailed for 17 yrs

A Dhaka court has sentenced former Sonali Bank Managing Director Humayun Kabir and eight others to 17 years in jail for embezzling Tk 27.50 lakh through loan forgery.

A Dhaka court has sentenced former Sonali Bank Managing Director Humayun Kabir and eight others to 17 years in jail for embezzling Tk 27.50 lakh through loan forgery.
Judge Md Iqbal Hossain of the Special Sessions Judge’s Court-5 of Dhaka handed down the verdict on Wednesday.
The convicts are Sonali Bank's former employees -- Managing Director Humayun Kabir, Deputy Managing Director Mainul Haque, General Manager Noni Gopal Nath, Deputy General Managers Sheikh Altaf Hossain and Sofiz Uddin Ahmed and Assistant General Managers Saiful Hasan and Kamrul Hossain Khan, Managing Director of Paragon Knit Composite Ltd Saiful Islam Raja and Director Al Mamun.
The court sentenced them to 10 years and 7 years in jail in two perspectives.
The judge also fined them Tk 50,000 each in default of which they would have to serve three months more jail.
According to the case documents, the accused, in collusion with each other, misappropriated Tk 27, 50, 681 of Sonali Bank through forgery.