ACC recommends filing case against Desh TV MD Arif Hasan, 14 others

The Anti-Corruption Commission (ACC) recommended filing a case against the Managing Director (MD) of Desh Television Ltd., Arif Hasan and 14 others on charges of embezzling money by taking loans from banks, transferring and converting it to different sectors other than the desired loan purpose.

ACC Deputy Director and Public Relations Officer Akhtarul Islam told journalists at a briefing at its headquarters this afternoon.

The 14 others are Broadway Real Estate Ltd Managing Director Mohammad Sharif Uzzaman Khan, Chairman Mohammad  Ismail, Director Mohammad Fazle Rabbi, Director Tawsif Saifullah, Chairman of Hasan Telecom Ltd, shareholder of Broadway Real Estate Ltd  Arif Hasan, former branch manager and deputy managing director of National Bank Ltd Syed Rois Uddin, former additional managing director (AMD) and company secretary of National Bank ASM Bulbul, former additional managing director MA Wadud, former managing director Chowdhury Mostak Ahmed, former directors Monowara Sikder,  Parveen Haque Sikder, Moazzem Hossain, Khalilur Rahman and Mabrur Hossain, and former sub-registrar of Mohammadpur Md Rajab Ali.

He said in a planned plot, Arif Hasan, Broadway Real Estate Limited, and the Sikder family registered the paper of a development company named ‘Broadway Real Estate Limited’ by showing false documents of Desh TV’s employees and applied for a loan of Tk 4.9 billion from National Bank Ltd, Mohakhali branch in the real estate company to construct a 16-story commercial building on the company’s own land.

With the help of some dishonest officials, he illegally had sanctioned and subsequently withdrawn a loan of Tk 4.9 billion and embezzled the original Tk 4.90 billion of the loan by transferring, converting and transferring it to sectors other than the purpose of the loan.

The ACC claimed it caused financial loss to the company of Taka 178 crore, 89 lakh, 11 thousand and 412 due to unpaid interest and other charges as of November 30.