Dhaka, Oct. 9 -- The Anti-Corruption Commission (ACC) has approved the filing of a case against Dr HBM Iqbal, former Bangladesh Awami League lawmaker and his family on charges of amassing Tk 680 million in wealth from undisclosed sources.
According to ACC findings, Dr Iqbal, also former chairman of Premier Bank PLC, has total assets amounting to Tk 2.98 billion, while his recorded liabilities stand at Tk 1.39 billion, leaving a net wealth of Tk 1.59 billion.
Against this, he declared a total income of Tk 1.90 billion, with family and personal expenses of Tk 933 million, indicating net savings of Tk 974 million.
However, the ACC detected a discrepancy of Tk 623 million, representing wealth inconsistent with his known income sources.
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