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NCC Bank will hold a special board meeting tomorrow to discuss the findings of a Bangladesh Financial Intelligence Unit (BFIU) investigation that revealed that the lender’s managing director, Mosleh Uddin Ahmed, holds abnormally high deposits.
Ahmed has Tk 35 crore in deposits with 11 financial institutions, including five banks, according to the BFIU’s findings.
He, however, denied any wrongdoing. He said perhaps his total transactions were tallied to show an abnormally high figure.
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“There is no scope that I have Tk 35 crore in my accounts. It is less than Tk 10 crore.”
In a career spanning three decades, he is now holding the position of the chief executive officer of a bank.
“So a deposit of around Tk 10 crore is not abnormal at all considering my salary structure,” he said, adding that he was ready to provide documents to regulators or law enforcers if asked.
The central bank has forwarded the case to law enforcement agencies, Abu Hena Mohd Razee Hassan, chief of the BIFU, told The Daily Star yesterday.
The BFIU beefed up its monitoring in the last quarter of 2018 and ahead of the national polls in December in order to combat money-laundering. The abnormal transactions involving Ahmed were discovered during the period, Hassan said.
The central bank will seek explanation from the NCC CEO within the shortest possible time, said a Bangladesh Bank official.
source (TDS)
