A Chattogram court on Monday sentenced two people including a former banker for several years in a case over the embezzlement of Tk 50 lakh from accounts of customers from 2014 to 2019. The court of Chattogram Divisional Special Judge Munshi Abdul Majid also fined the convicts, said Anti-Corruption Commission (ACC) lawyer Mahmudul Hoque, also public prosecutor of the court. Of the convicts, the port city’s OR Nizam Road Branch former Manager of private Eastern Bank Md Iftekharul Kabir was sentenced 26 years’ imprisonment and fined Tk 1.04 crore, in default of which he will have to serve three more years’ jail. Apart from this, one Nishat Enterprise owner Mahmudul Hasan, a resident of the city’s Khulshi area, was awarded 13 years jail and fined Tk 76.30 lakh, otherwise he will have to stay in jail for 16 more months. to the case, the banker in collaboration with Hasan misappropriated Tk 50 lakh from FDR accounts of Ananya Barua, Rupon Ksihore Barua and Suprova Barua after opening a fake account from 2014 to 2019. Read more: Tk 3,700cr Embezzlement: HC wants to know steps taken against 5 Bangladesh Bank deputy governorsNurul Islam, deputy assistant director of ACC at Chattogram integrated office, filed a case against the duo on November 17, 2019. The court on Monday delivered the judgment in presence of the accused upon completion of all legal procedures, the PP added.

The Bankers’ Book Evidence Bill 2021, defining the digitally recorded documents as such evidence under the proposed law, was placed in Parliament on Monday. Though there is already a law to deal with it, the draft of the new law was brought to incorporate digitally-recorded evidence in it. Read:Bill placed in JS with provision of archiving all records Finance Minister AHM Mustafa Kamal placed the Bill in the House and it was sent to the respective Parliamentary Standing Committee for further scrutiny. The Committee was asked to submit its report within one month. The proposed law is going to replace the old Bankers’ Book Evidence Act 1891 as many things in the current law are not consistent with the present-day situation. Besides, the banks are now working digitally which was not mentioned in the previous law and the draft law has stated it clearly. Read: Cabinet approves draft Finance Company Bill The proposed law has suggested making information public except those of private one after taking permission from the court and fixing the authorities who can do that. The new law also states some offences, punishments and trial to prevent unauthorised and the behind-scene leak of any information. The proposed law defines the jurisdiction of the court for any bank-related information, which is totally prohibited in the old one. Read:40 collect AL nomination papers for JS by-elections Some of the information have been opened up in the new law, axing the privileged and personal information, which will be authorised to publish the information.