Dhaka, Feb 4 (UNB)-Bangladesh Bank has filed a fraud case against Mobile Financial Service Provider (MFSP) company Nagad.
Arif Hossain Khan, Executive Director of the central bank said that the central bank's Payment Systems Department has filed the case against Nagad on charges of financial irregularities of Tk 645 crore.
The case has been filed against 24 people, including 9 officials of the Bangladesh Postal Department. The accused include the former Managing Director of Nagad Tanvir A. Mishuk and a former Director General of the Postal Department.
Officer-in-Charge of Motijheel Police Station Mezbah Uddin told reporters that the Bangladesh Bank has filed a case against Nagad on charges of fraud.
After the fall of the Sheikh Hasina-led government on August 5, the interim government appointed an administrator to Nagad.
Independent audit clears Nagad of allegations
Allegedly, there are irregularities in the management system of Nagad. The audit revealed several financial irregularities in Nagad, such as creating e-money worth Tk 6.0 billion without depositing cash in the bank.
In addition, an unauthorized withdrawal of Tk 1,711 crore of government allowance from 41 distributor accounts has also been identified. It has been reported that the central bank has taken legal action based on the revelation of these irregularities.