The Anti-Corruption Commission (ACC) has approved a case against former Padma Bank Managing Director and Chief Executive Officer (MD & CEO) Abdul Motleb Patwari and nine others over allegations of embezzling nearly Tk 2 crore through loan fraud and deception.

The decision to file the case was approved at the ACC headquarters on Sunday (August 23), the commission’s Public Relations Officer Md Aktarul Islam confirmed.

The accused are—Md Mominur Rahman, owner of MH Enterprise; Md Ajit Ullah, an AGM of Sonali Bank and Mominur’s maternal uncle; former Padma Bank MD and CEO Abdul Motleb Patwari; former branch manager (SVP) Cornelius Gomez; former credit-in-charge (officer) Md Russell Mia; former manager of operations (FVP) M Atif Khaled; former First Assistant Vice President Amena Begum; former branch manager Mohammad Shamsul Hasan Bhuiyan; former manager of operations Mahbub Ahmed; and former credit-in-charge (officer) Md Kawser Hossain.

According to the ACC, the accused allegedly acted in collusion and, through fraud, deception and abuse of power, embezzled Tk 1.95 crore from the bank. They were also allegedly involved in subsequent offences related to money laundering.

The case has been approved under Sections 409, 109, 420, 467, 468 and 471 of the Penal Code, Section 5(2) of the Prevention of Corruption Act, 1947, and Section 4(2) of the Money Laundering Prevention Act, 2012.