A Dhaka money loan court has issued arrest warrants against the CEO, acting chief financial officer (CFO) and three directors of Pacific Bangladesh Telecom Limited, the operator of Citycell, in a loan recovery case filed by Mutual Trust Bank (MTB) PLC.

On Wednesday (September 23), the Dhaka Money Loan Court-7 directed Gulshan Police Station to arrest the accused and produce them before the court by November 18.

Those facing arrest warrants are Citycell CEO Mehbub Chowdhury, directors Md Morshed, Asgar Karim and Nasrin Khan, and acting CFO Md Farikul Hasan.

According to court documents, the warrants were issued in connection with Money Execution Case No. 810/2026.

The court issued the order under Section 34(1) of the Money Loan Court Act, 2003. Under the provision, the officials concerned have been listed as borrowers and are subject to a six-month detention order.

MTB officials said the bank has claimed Tk 6.80 crore in the case.