DHAKA, June 26, 2026 (BSS) - Chief Adviser's Press Wing today said two Indian media outlets - Republic World and One India - recently published outdated and misleading reports over Bangladesh's Anti-Corruption Commission (ACC).

In a statement, the press wing said on June 25, Republic World and One India published reports claiming that the Bangladesh's ACC had officially dismissed all charges against former Nagad executives-Managing Director Tanvir A Mishuk and Executive Director Md Shafayet Alam. 

The reports falsely asserted that the accusations were "baseless," driven by "deliberate misinformation and politically motivated malice", according to the statement posted on the press wing's verified Facebook page - CA Press Wing Facts.

"However, this story is misleading. The ACC has not dropped the charges against Mishuk and Alam," the statement read. 

The Indian outlets appear to have recycled a six-month-old report from Bangladeshi media, originally published on December 14, 2024, which stated that Nagad had been cleared of financial misconduct allegations after an independent audit-not by the ACC.

Contrary to the misleading claims, the ACC on June 4, 2025 has prosecuted Mishuk and eight other Nagad officials for embezzling Taka 6.45 billion through 41 unauthorised distributors between March 1, 2021, and November 17, 2024, according to the press wing. 

The ACC found evidence that Nagad created excessive electronic money and laundered funds through foreign entities.

Additionally, on February 3, 2025, Bangladesh Bank filed a separate embezzlement case against 24 individuals, including Mishuk and former chairman Syed Mohammad Kamal. 

That investigation found a cash shortfall of over Taka 1.01 billion against e-money issued during an April 2023 audit.

"The reports by Indian media outlets are misleading and factually incorrect. Readers should verify information with credible sources to avoid being misled by such recycled and outdated claims," the statement said.