Dhaka, May 6 -- A Dhaka Court has issued arrest warrant against the Managing Director of Standard Bank, Md. Habibur Rahman in a corruption case, filed earlier by the Anti Corruption Commission (ACC).

The warrant was issued responding to an allegation of defalcating Tk 11 crore, filed with ACC earlier while Habibur Rahman was serving Mercantile Bank as the AVP.

Standard Bank authority said they have already sent Habibur Rahman on three months leave in a bid to sustain the bank's reputation and trust of its valued customers.

Renowned business leader, former President of FBCCI, also the Chairman of Standard Bank Kazi Akram Uddin Ahmed said they knew nothing about the corruption issues of Habibur Rahman before appointing him as the Managin...