A Dhaka court today sentenced six people, including a Chinese national and two officials of National Bank Ltd, to different terms of imprisonment in a case filed over the embezzlement of Tk 2.59 crore.
The accused are Chinese National Yang Wang Chung, chairman of The Sinfa Knitters Ltd, its managing director Khasru Al Rahman, directors Golam Mostafa and Mansurul Haque, the then senior-vice president (export) of National Bank Ltd at Dilkusha branch Abdul Wadud Khan, and its executive vice-president Shahabuddin Chowdhury.
Abdul Wadud and Shahabuddin were each sentenced to five years rigorous imprisonment and fined Tk 2.59 crore, in default of which they will have to serve one more year in jail.
Yang Wang Chung, Khasru Al Rahman, Mansurul Haque and Golam Mostafa were sentenced to 10 years rigorous imprisonment. They were also fined Tk 2.59 crore each, in default of which they will have to suffer two more years in jail.
Judge Md Iqbal Hossain of Special Judge's Court-5 of Dhaka handed down the sentence in presence of the Abdul Wadud and Shahabuddin, who were on bail.
In the judgment, he said the prosecution was able to prove the charges against the accused beyond doubt and they were given the punishment for their involvement with the incident.
After the verdict, the judge cancelled bail of convicts -- Shahabuddin and Abdul Wadud -- and sent them to Dhaka Central Jail in Keraniganj with conviction warrant.
Convicts Yang Chung, Golam Mostafa, Mansurul Haque and Khasru Al Rahman were tried in absentia and arrest warrants were issued against them in the case.
The punishment of the fugitives will be effective from the day of their arrest or surrender.
According to the prosecution, it was alleged that the Chinese national, in collusion with the bank officials, took Tk 2,59,40,148 loan from the bank submitting forged documents in the name of The Sinfa Knitters Ltd. Later the accused misappropriated all the money.
Following the incident, ACC Deputy Director Md Jahangir Alam filed a case against them with Motijheel Police Station on January 17, 2017.
After an investigation, the ACC submitted a charge sheet against them on June 24, 2018. The court framed charges against them on September 18 of 2019.
