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Special Correspondent ::
The Anti-Corruption Commission (ACC) has filed a charge sheet against Mohiuddin Ahmed Mahi, former chairman of Co-operative Bank Limited and joint general secretary of the Dhaka South unit of the Awami League, on charges of acquiring illegal wealth worth over Tk 3.5 crore and concealing information in his wealth statement.
Confirming the development on Monday, ACC Director General Akhtar Hossain said the commission found substantial evidence of corruption and misuse of power during Mahi’s tenure as vice chairman and later chairman of the bank.
According to the ACC investigation, Mahi abused his authority to accumulate Tk 3.55 crore in assets beyond his known sources of income. He also concealed Tk 46.37 lakh worth of assets in his official wealth declaration submitted to the commission.
The probe further revealed that Mahi had attempted to launder the illicit funds under the guise of legitimate business operations. The ACC said that despite being given the opportunity, he failed to provide satisfactory evidence to justify his wealth.
In the charge sheet, the ACC stated:
“During his tenure at the Co-operative Bank, the accused engaged in a series of corrupt practices and abused his official position to gain personal financial benefits. He then attempted to disguise these ill-gotten assets through various business channels.”
The ACC has filed the case under Sections 26(2) and 27(1) of the Anti-Corruption Commission Act, 2004 and Section 5(2) of the Prevention of Corruption Act, 1947.
Officials said the detailed list of the accused’s declared and undeclared movable and immovable properties has been attached to the charge sheet submitted to the court.
Mohiuddin Ahmed, widely known as Mohi, is a prominent ruling party figure and former leader of the Co-operative Bank’s board. The case marks one of the latest high-profile corruption charges brought by the ACC against political and financial sector figures amid renewed drives for accountability and transparency in the banking industry
