Islami Bank official indulges in fraudulence using the name of Bangabandhu Parishad

Md. Mozaharul Islam, a senior principal officer of Islami Bank’s Dhaka North zone, assumed the position of president of the bank's Bangabandhu Parishad through fraudulence, investigators claimed to have found evidence.

Although he previously had close ties with Jamaat-e-Islami Bangladesh, as president of the parishad, he has been involved in various fraudulent activities, including recruitment and transfer businesses, lobbying for the approval of investment proposals, and providing unethical benefits to defaulting customers.

Apart from this, Mozaharul Islam has been spreading falsehoods against senior officers of the bank, lobbying for the appointment of women workers in various departments as per his wishes, demanding commissions from customers in the name of loan waivers, misbehaving with shareholders of the bank, breaking the bank's rules and regulations, and arriving late to the office.

According to the investigation report, victims have also written to the bank with several complaints of financial offenses in his name.

According to Islami Bank sources, a three-member investigation committee has already been formed to investigate allegations brought against Mozaharul Islam. In the report submitted by the committee, the allegation against Mozaharul Islam was found true.

On May 23, the president of Bangabandhu Parishad’s Central Executive Committee said that leaders of Islami Bank’s Bangabandhu Parishad filed a written complaint against Mozaharul Islam.

It was mentioned that the self-proclaimed president of the parishad has not yet published the full committee list or convened a general meeting till now.

He wants to control everything alone, which is why he does not allow anyone to make the organisation more strengthen.

He capitalised on the position of the president and got involved in various criminal or immoral activities. The reputation of the organisation and the Islami Bank is being undermined.

He used to pressure and threaten senior officials for recruitment and transfer businesses in the name of the Bangabandhu Parishad.

Various times, he applied unethical pressure on the head office to approve investment proposals and provide various facilities to defaulting customers.

Additionally, he insisted on the transfer or posting of women workers according to his preferences. He is a woman repressure and his family informed authorities concerned of the bank by sending mail, claimed the investigation report

Mozaharul Islam was involved in Shibir politics, the student wing of Jamaat-e-Islami. At the time of his appointment in 1999, he submitted recommendations from two top leaders of Jamaat-e-Islami to Islami Bank, copies of which are also available.

Additionally, from the time he joined the service until 2017, he collected Baitul Mal (monthly subscription) from the bank officials and employees of Jamaat-e-Islami.

In this situation, an application has been made on behalf of the current committee to disband the Islami Bank Bangabandhu Parishad and form a new committee.

The letter was signed by many vice presidents and top leaders of the organisation. A copy of the letter has also been given to the managing director of the Islami Bank.

Before this, a written complaint against Mozaharul Islam was submitted to the top official of the bank. Subsequently, a three-member investigation committee was formed by the bank's human resource department on April 2. On April 18, the committee submitted its report, confirming allegations against Mozaharul Islam.

While talking to the reporter, Mozaherul Islam denied the allegations brought against him.

A resident of Panchdoyal village in Lahiri Hat Municipality of Thakurgaon said that Mozaharul Islam misappropriated money from various individuals using the name of the Islami Bank.

Additionally, he misbehaved with the shareholders of Islami Bank who visited the bank, which they conveyed to the bank’s chairman.

Furthermore, evidence of his digital attendance records from January to June revealed that he rarely attended the office, reportedly manipulating his fingerprint with the assistance of a supporting staff.