The Anti-Corruption Commission (ACC) has arrested a man for allegedly embezzling Tk 74 million (Tk 7.4 crore) through bank fraud. The accused, Md. Mohiuddin, was apprehended in the Bahaddarhat area of Chittagong city at 2:00 PM on Tuesday, March 31.
Mohiuddin, son of Md. Harun and Rashida, hails from Noakhali’s Sonaimuri but resides in the Halishahar residential area of Chittagong.
According to Subel Ahmed, Deputy Director of ACC Chittagong Integrated District Office-1, the arrest follows an investigation into a case filed on February 10, 2026. Findings suggest that Mohiuddin fraudulently transferred Tk 7.4 crore from the 4H Group’s account at City Bank PLC (Agrabad Corporate Division) into his personal account. He is further accused of laundering the funds to other locations.
"The accused was produced before the court on Tuesday afternoon," said Deputy Director Ahmed. "We have requested the court to keep him in custody to prevent the destruction of evidence or the risk of him absconding while the investigation continues."
