Dhaka, Sept. 18 -- The Anti-Corruption Commission (ACC) has sued 43 people, including S Alam Group Chairman Md Saiful Alam and Nabil Group owner and Managing Director Md Aminul Islam, in connection with the embezzlement of Tk363 crore from Islami Bank.

The case was filed on Tuesday at the ACC's Integrated District Office, Dhaka-1. ACC Director General Md Akhter Hossain confirmed the development.

According to the case statement, the accused among them several former Islami Bank officials conspired to recommend and approve loan proposals for a non-existent company, Naba Agro Trade International, from the bank's Gulshan branch.

The investigation alleges that the suspects abused their authority, falsified documents, and committed fraud to se...