Palli Sanchay Bank staff demand removal of MD for graft

The employees of Palli Sanchay Bank have demanded removal of the bank's managing director Sheikh Md Jaminur Rahman and some other officials for their alleged involvement in irregularities, corruptions and embezzlement of bank money.

The officials of the state-owned bank made their demands at a press conference at Dhaka Reporters Unity (DRU) in the capital on Sunday.

They alleged that Rahman with the help of some officials, including System Analyst Allama Mohammad Yahya Tanhar and Senior System Analyst Md Shahed Alamgir established his control over the management and got involved in many irregularities in the bank using political ties with some leaders of the the ousted Awami League government.

Rahman and his associates embezzled bank money by making unnecessary purchases at higher prices, the officials said. They used to take bribe for transfer and promotion of officials, they said.