Former Rupali Bank Manager Sentenced to 25 Years for Embezzlement
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A special court in Noakhali sentenced a former Rupali Bank manager to 25 years of rigorous imprisonment on Tuesday for the systematic embezzlement of bank funds. Judge Md. Showkat Ali of the Noakhali Special Judge’s Court delivered the verdict, which also ordered the forfeiture of 12.4 million taka in assets, both movable and immovable, owned by the convict, Abdul Majid.
Majid, a resident of Kafilatali village in Lakshmipur Sadar, served as the manager of the bank’s Ramgati Bazar branch between November 2007 and January 2013. During his tenure, he misappropriated a total of 12.4 million taka, an amount that included customer savings and pension funds belonging to government employees.
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The Anti-Corruption Commission (ACC) initiated a case against Majid on June 8, 2013, following an internal investigation that uncovered the financial irregularities. While the court imposed a 25-year prison sentence and a 150,000 taka fine, it ruled that Majid must serve an additional 18 months in prison should he fail to pay the financial penalty.
According to ACC public prosecutor Mohammad Zahir Uddin, the defendant was absent when the verdict was read, prompting the court to issue an arrest warrant against him. While the court convicted Majid, it acquitted two other co-accused individuals, Md. Abdul Waresh and Abul Kalam, of all charges related to the case.
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