Case filed against Faridpur man over alleged embezzlement of cooperative bank loan

Photo: Collected

Case filed against Faridpur man over alleged embezzlement of cooperative bank loan

Faridpur Correspondent: A case has been filed in a Faridpur court against Syed Nazmul Alam Parvez over an allegation of misappropriating loan money from a cooperative bank.

Parvez is a resident of Raghunandan area in Faridpur city and son of late Syed Nazrul Alam.

Abdul Mannan, assistant manager of Faridpur Central Cooperative Bank Limited, filed the case as the plaintiff at the court of the Senior Judicial Magistrate in Faridpur on Monday.

According to the case complaint and other sources, Syed Nazmul Alam Parvez took a loan of Tk 100,000 from the bank on September 14, 2017. He later took another Tk 30,000 loan. According to the bank’s latest calculation, a total of Tk 564,500 is currently due from him, including principal, interest and delayed service charges.

The complaint alleges that after taking the loan, he violated the terms and conditions set by the bank and subsequently became a loan defaulter. Bank officials allegedly contacted him several times to recover the outstanding amount, but he kept delaying payment on various occasions.

The case further states that the bank later sent him a notice by registered post, but he refused to receive it and returned it. Bank officials subsequently contacted him directly, but he allegedly refused to pay the outstanding amount.

After the case was filed, the court ordered the complaint to be investigated by the Criminal Investigation Department (CID), according to legal sources.

Case plaintiff Abdul Mannan said the accused had been delaying payment for a long time by repeatedly assuring the bank that he would repay the loan. As he ultimately refused to pay the outstanding amount, the bank had to seek legal recourse to recover its dues.

No statement from accused Syed Nazmul Alam Parvez could be obtained regarding the allegations.

Parvez is reportedly serving as general secretary of the Faridpur district unit of Consumers Association of Bangladesh (CAB), a consumer rights organisation.

It has also been alleged that he was sentenced to imprisonment in three separate cheque-related cases involving financial transactions and served several months in Faridpur District Jail. He is currently out on bail, according to sources. Another cheque-related case is reportedly pending before a court in Bagerhat.

Meanwhile, a medical facility owned by him, named ‘Ajker Saradesh Hospital and Diagnostic Centre’ at Kadirdee Bazar, was reportedly shut down during a mobile court operation conducted by the Boalmari upazila administration over allegations that it did not have the required approval.

Recently, reports about the transfer and sale of one of his newspapers surfaced on social media. He denied the reports, and a general diary (GD) was reportedly filed against him at Kotwali Police Station in connection with the incident.