RAB detains NGO owner planning escape with clients' Tk 200 million

The Rapid Action Battalion (RAB) has apprehended Abdur Razzak, a Naogaon district NGO owner, intending to flee the country with around Tk 200 million embezzled from clients. 

Razzak owned the Dolphin Savings and Credit Co-Operative Society Limited, RAB-5 Commander Lieutenant Colonel Munim Ferdaus told a press conference in the Naogaon Circuit House Auditorium on Sunday noon, local media reported.

The NGO had lured villagers with high return promises on investments. However, after the initial three months, the NGO stopped payments, and the owner disappeared with the funds, he said.

Razzak, who founded the NGO in 2013, admitted during questioning his intention to escape the country on a Dubai-bound flight with the stolen money, Mr Ferdaus said. 

Alongside Razzak, the RAB apprehended five others, including his wife, bringing the total arrests to six. And they have been handed over to Naogaon Sadar Police Station, the RAB-5 commander said. 

Naogaon Sadar Police's Officer-in-Charge (OC) Zahidul Haq said that the accused have been formally shown arrested under previously filed client embezzlement cases and sent to jail.