Dhaka, Aug. 8 -- The Anti-Corruption Commission (ACC) has filed a case against former Land Minister Saifuzzaman Chowdhury, his wife Rukmila Zaman-former chairperson of United Commercial Bank PLC (UCB)-and 22 others on charges of embezzling Tk 25 crore through fraudulent loan procurement.
According to a statement released on Wednesday by the ACC Deputy Director of Public Relations Md Akhtarul Islam, the case was filed following allegations that a fake company, Crescent Traders, was used to obtain the loan from UCB's Jubilee Road branch in Chattogram using forged documents and false information.
The ACC's case alleges that the fraudulent activities were orchestrated under the guise of a working capital loan for Crescent Traders a non-exis...
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