A Dhaka court on Wednesday sentenced nine people including a former Managing Director of Sonali Bank to 17 years jail in a case filed over embezzling Tk 27.5 lakh from the state owned bank.
Judge Md Iqbal Hossain, Judge of Dhaka Special Judge Court -5 passed the order.
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The convicts are—former Sonali Bank MD Humayun Kabir, deputy managing director (DMD) Mainul Haque, GM Noni Gopal Nath, DGMs Sheikh Altaf Hossain and Safiz Uddin Ahmed, AGMs Quamrul Hossain Khan and Saiful Hasan and Managing Director of Paragon Knit Composit Limited, Saiful Islam Raza and its director Abdullah Al Mamun.
Of them, Mainul, Safiz, Altaf, Quamrul Hossain were present during the judgment while the others tried in absentia.
The court sentenced the convicts ten years imprisonment on charge of embezzling the money and fined them Tk 27.50 lakh.
Besides, the court also sentenced them seven years jail on charge of fraudulence under another section of the relevant law.
The court also fined them Tk 50,000 each and they have to suffer three months more in rigorous imprisonment if they fail to five the fined money.
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On January 1, 2013, deputy director of Anti-Corruption Commission Mujibur Rahman lodged a complaint against them with Ramna Model Police for embezzling Tk 27,50,681.
On May 22, 2014, ACC assistant Director Mashiur Rahman submitted a chargesheet against them after investigation.
The convicts were also accused in Hall-Mark Scam case.