The Anti-Corruption Commission (ACC) has filed a case against the manager and credit in-charge of Gulshan South Avenue branch of The Farmers Bank Limited (now Padma Bank Ltd.) for embezzling Tk 50 lakhs of loans approved in the name of customers.
On Wednesday (March 6) ACC’s Dhaka integrated district office, deputy director of the organization. Gulshan Anwar filed the case as the lead plaintiff.
The accused have been charged in the case under Sections 409/420/467/468/471/109 of the Penal Code and Sections 4(2) 4(3) of the Prevention of Money Laundering Act, 2012. The defendants are – George Cornelius Gomez, the former manager of the Farmers Bank (now Padma Bank), Gulshan South Avenue branch and credit in-charge. Russell Mia.
It is said in the statement of the case that the defendants fraudulently embezzled 50 lakhs and 50 thousand taka of approved CC Hypo SME loan in favor of the customer Badshah Mia from the bank account to different banks without the knowledge of the customer.
According to the statement of the case, the customer Badsha Mia started account transactions in the Gulshan South Avenue branch of The Farmers Bank on October 2, 2016 in the name of M/s Shahi Traders. He applied for a composite loan of Tk 1 crore 65 lakh on December 28 of that year. The branch had no power to sanction loans. After the customer’s application for loan, the branch manager sends the loan proposal to the head office by doing visit reporting, call reporting, stock report, surveyor reporting, CIB reporting, credit risk grading etc.
It is said that in 2017, a composite loan limit of 1.6 million taka was approved. Out of which the customer withdrew Tk 65 lakh of the approved loan and during the withdrawal of this money, according to the bank’s branch manager George Cornelius Gomez, the customer Badshah Mia signed the blank pay order and receipt along with 60 blank check pages of the check book kept by him in good faith and this cheque, pay -The orders and receipts were left with the branch manager of the bank, George Cornelius Gomez. ACC found evidence that George Cornelius Gomez and Russell Miah embezzled the remaining 95 lakhs of SME loans by using which. Later, the accused admitted the crime and returned Tk 44 lakh 50 thousand to the customer through checks in several rounds.
SM/MAH/GKS
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