ACC sues EXIM Bank ex-chairman Nazrul over embezzling money

The Anti-Corruption Commission (ACC) has filed a case against former Chairman of EXIM Bank Nazrul Islam Mazumder on charges of corruption, irregularities, money embezzling, illegal wealth acquisition and trafficking.

ACC Director General (Prevention) Md Akhter Hossain told journalists at a briefing at the ACC headquarters on Sunday.

The ACC official claimed that Nazrul Islam Majumdar, also the founder of NASSA Group, had committed a crime of occupying the assets worth over Tk781.31 crore which was beyond his known sources of income.

The charges against Nazrul have been brought under the ACC Act 2004 and the Prevention of Corruption Act 1947.