DHAKA, Aug 17, 2025 (BSS) - The ACC today filed a case against chairman and managing director of the Delta Group Engineer AKM Faruk Ahmed, his wife Ferdaus Ara Begum and 13 others over alleged corruption and money laundering. 

Director General (DG) of the Anti Corruption Commission (ACC) Md Akhter Hossain disclosed the information to the journalists at a briefing at the commission headquarters in city’s Segunbagicha area.

According to the case, the accused persons with an ulterior motive borrowed Taka 58 crore and 90 lakh from South East Bank, Motijheel corporate branch through nine bank accounts of the group. The total outstanding of the loan including its interest and other charges till November 26 in 2023 was Taka 159 crore and 35 lakh of which the company paid Taka 91 crore and embezzled Taka 68.27 crore.

A total of 13 officials of the bank’s corporate branch in connivance with engineer Faruk Ahmed and his wife committed irregularities in sanctioning and distributing the loan, the ACC DG said, adding that the bank authorities approved the loan proposal and released the money without fulfilling the terms and conditions and defying the banking rules and regulations.

The ACC filed the case against the accused under sections 406, 409 and 109 of Bangladesh Penal Code of 1960 and section 5(2) of the Corruption Prevention Act-1947.