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.

  • Latest
  • Most Viewed
E-passport services launched at Bangladesh mission in Addis Ababa
France takes anti-drone measures after flight over nuclear sub base
Palestinians say Israeli army killed man in occupied West Bank
US panel votes to end recommending all newborns receive hepatitis B vaccine
Los Angeles unfazed by Trump threats to move World Cup: organizer
EU hits Musk's X with 120-mn-euro fine, sparking US ire
Trump all smiles as he wins FIFA's new peace prize
Trump takes centre stage as 2026 World Cup draw takes place
Journalists in Bangladesh now able to work freely: Mahbub Morshed
Navy, Police take joint lead
১০