ACC files 5 cases against 15 people over ad scam at Premier Bank - News Summed Up

ACC files 5 cases against 15 people over ad scam at Premier Bank


DHAKA, Jan 6, 2026 (BSS) - The ACC today filed five cases against 15 people, including former chairman of Premier Bank HBM Iqbal for embezzling about Taka 81.7 million in the name of advertisement promotions. According to the ACC, the accused, in connivance with each other, misappropriated the money in 2020 against five work orders issued for advertisement promotions. The accused include the bank’s former chairman, several directors and senior officials, as well as the Managing Director of an advertising firm, Mind Tree Limited. The ACC investigation revealed that in 2020, Premier Bank authorities issued five work orders worth about Taka 92.5 million to Mind Tree Limited for advertising on various television channels. The prominent accused in the cases are former Premier Bank Chairman HBM Iqbal, several directors and senior officials of the bank and Mind Tree Limited’s Managing Director Iqbal Al Mahmud.


Source: Bangladesh Sangbad Sangstha January 06, 2026 19:15 UTC



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