Dhaka, July 11 -- The Detective Branch of police has former Janata Bank chairman Abul Barkat in Dhaka.

Detective Branch (DB) Joint Commissioner Nasirul Islam said Barkat was taken into custody from his home in Dhanmondi 3 on Thursday night.

He said the arrest was made over a corruption case filed by the Anti-Corruption Commission (ACC).

The ACC brought the charges on Feb 25 this year, accusing Barkat and others of embezzling Tk 2.97 billion through loan fraud involving the garment company AnonTex while he was serving as chairman of Janata Bank.

Barkat, a Dhaka University economics professor and former president of the Bangladesh Economic Association (BEA), allegedly oversaw the approval of fraudulent loans during his tenure at the sta...