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National Bank director charged for threatening top Exim Bank execs

Published : Wednesday, 27 May, 2020 at 12:06 PM  Count : 262

National Bank director charged for threatening top Exim Bank execs

National Bank director charged for threatening top Exim Bank execs

A National Bank director and his brother have been sued for threatening to kill two top executives of Exim Bank Limited.

A case was filed with Gulshan Police Station on May 19 over the alleged incident of May 7.

A National Bank spokesman termed the allegations as 'false'. The police said they are investigating the case. 

Exim Bank chairman Md Nazrul Islam Mazumder heads the bank owners' group Bangladesh Association of Banks (BAB).

National Bank, the first private bank established by Bangladeshi entrepreneurs in the country, is owned by the Sikder Group led by Zainal Huq Sikder, a business tycoon from Shariatpur district.

His sons National Bank director Ron Huq Sikder and his brother Dipu Huq Sikder allegedly threatened the Exim Bank officials. The bank's director Sirajul Islam, a retired army officer, filed the case against them.

It was stated in the case that two brothers threatended to abduct and kill Exim Bank Managing Director Mohammed Haider Ali Mia and Additional Managing Director Mohammad Firoz Hossain.

According to the case statement, Ron took Haider and Firoz to Narayanganj’s Rupganj for a visit to the site of a proposed jute mill of Sikder Group which was shown as collateral for a loan.

When Haider and Feroz said the proposed jute mill site would not be enough as collateral, Ron asked them to visit the site of their proposed Iconic Tower site at Purbachal New Town.

Both the Exim Bank managing director and additional managing director then went to Purbachal New Town but left because Ron was not there, the plaintiff said in the case.

They pulled over when they saw National Bank managing director Choudhury Moshtaque Ahmed and Ron Huq Sikder on the 300 Feet Road while returning to Dhaka.

Moshtaque told Haider and Firoz that Ron was upset as the two Exim Bank executives did not visit the site he had requested them to do.

Ron made them apologise and at one stage he pulled a pistol and fired a shot from inside his car, the plaintiff alleged.

The bullet missed Haider and AMD Firoz ducked behind his car when Ron trained the gun on him, according to the case.

Ron seized Haider and Firoz’s mobile phones and took them to Sikder House at Banani at gunpoint, the plaintiff said.

Ron and Dipu allegedly threatened to assault Haider and Feroz there and forced them into signing on blank papers.

Later, Haider and Firoz were taken to Ron's father and National Bank Chairman Zainul Huq Sikder and forced to take part in a "photo session".

The two bank executives were released in the evening, according to the case. The plaintiff claimed it took time for him to start the case because of deliberations at the Exim Bank.

Ron and Dipu could not be reached for comments.

Speaking to on condition that he not be named, a National Bank official said the case appears to have false information.

He questioned the timing of the case. “The alleged incident occurred on May 7 but the case was filed on May 19. And a third person, not the aggrieved individuals, initiated the case,” he pointed out.

Inspector Aminul Islam of Gulshan police said they were investigating the case.

The police would speak to the alleged victims separately to check if their statements on the incident match.


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