A former IFIC Bank official has been handed a 13-year jail term and a Tk7.64 crore fine by a Chattogram court in a corruption case filed by the Anti-Corruption Commission (ACC).
The verdict was delivered today (2 July) by Judge Md Mizanur Rahman of the Divisional Special Judge's Court, confirmed ACC public prosecutor Muhammad Kabir Hossain.
The convicted official, Md Yakub Ali Khan, was also sentenced to six months' imprisonment in default of paying the fine.
According to the judgment, he was awarded three years of rigorous imprisonment under Section 5(2) of the Prevention of Corruption Act, 1947, and 10 years under Section 409 of the Penal Code. The sentences will run concurrently.
Yakub Ali Khan, a former officer of IFIC Bank Limited's Khathunganj branch, is now retired. He is originally from Nesarabad upazila in Pirojpur district and currently resides in Mirpur, Dhaka.
As the accused was absconding during the trial, the court issued an arrest warrant against him. His sentence will take effect from the date of arrest or voluntary surrender.
The court also ordered that any time already served in custody in connection with the case will be adjusted against the total sentence.
Corruption case / Jailed / ACC
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