SAMI

Published:
2020-05-27 12:50:43 BdST

Directors of Sikder Group 'shot and tortured' Exim Bank MD over loan


Two directors of Sikder Group allegedly tried to kill Exim Bank's Managing Director (MD) Mohammad Haider Ali Mia and Additional MD Mohammad Firoz Hossain by shooting them for refusing to price the value of the directors'  mortgaged property at a higher level for a loan, according to a case filed by the bank authorities with Gulshan Police Station.

They also tortured the two senior bank officials confining them at a house in Banani and forced them to sign a white paper.

"A case has been filed with Gulshan police station on behalf of MD Mohammad Haider Ali Mia. We are trying to arrest the accused," Rafiqul Islam, assistant commissioner at Gulshan zone said.

Khandaker Nurul Afser, director of Exim bank, said, "The MD was not attending office for two weeks over the issue."

The accused are Ron Haque Sikder, the son of Sikder Group owner Joynal Sikder and also the managing director (MD) of the group, and his brother Dipu Haque Sikder. The two brothers have been on the run since the case was filed.

According to the case statement, the incident took place on May 7 and Exim Bank filed the case on May 19. 

The whole incident took place over a loan proposal of Tk500 crore. Haider Ali and Firoz Hossain were called in to inspect the mortgaged property in return for the loan. At that time, the bank officials mentioned that the mortgage value of the property was less as security. The Sikder Group directors, then, shot and beat the two bank officials

Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.


Popular Article from Corporate