Dhaka, Feb. 5 -- In a shocking revelation that has sent ripples through the financial sector, former Southeast Bank Chairman Alamgir Kabir, is accused of establishing a two-decade-long reign of corruption, embezzlement, and financial mismanagement.

Kabir, who served as the Chairman of the bank from 2004 to 2024, has been implicated in a series of illegal activities, including fraudulent loans, share manipulation, money laundering, and the siphoning off of vast sums of money from the bank. The repercussions of his actions have left thousands of bank customers' deposits in jeopardy.

His path to power within Southeast Bank began in 2002, when he joined the board as a professional accountant, despite not being one of the bank's original pro...