A former official of Shahjalal Islami Bank has been sentenced to 10 years rigorous imprisonment for embezzling over Tk 9 million.
The court of Dhaka Sessions Judge Mizanur Rahman Khan handed down the order on Monday (Oct 8).
It also slapped a Tk 5 million fine on convict Muniruzzaman Md Mostafa, failing to pay which will cause another two years behind the bars.
It issued separate warrants for arrest and levy of fine as the convict was at large.
According to case statement, Mosafa, who was a senior executive at the bank’s Dhanmondi branch, had embezzled nearly Tk 9.58 million by transferring the fund to his and 11 other clients’ accounts.
An official of the same bank branch started a case with the Dhanmondi police.
The Anti-Corruption Commission investigated the case and pressed charges against Mostafa.