Ex-MD of EXIM Bank sent to jail over embezzlement of Tk 857 crore

BSS
Published On: 06 Nov 2025, 16:10

DHAKA, Nov 06, 2025 (BSS) - A Dhaka court today sent to jail the former Managing Director (MD) and Chief Executive Officer (CEO) of the EXIM Bank, Mohammad Feroz Hossain, in a case lodged by the Anti-Corruption Commission (ACC) for allegedly embezzling Taka 857 crore.

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order as the ACC produced the accused before the court and pleaded to keep him behind bars till the end of the probe.

A team of ACC led by its assistant director Shahjahan Miraj detained Feroz from the capital's Segunbagicha area this noon.

The anti-graft body on August 17, 2025, filed the case against 21, including the bank's former chairman, Nazrul Islam Mazumder, for allegedly embezzling Taka 857.93 crore and laundering the money abroad.

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