Tag Archives: manager

MNA Business Desk: Philippine court on Thursday held a former bank manager guilty on eight counts of money laundering, the first conviction in one of the world’s largest cyber heists, in which $81 million was stolen from Bangladesh’s central bank nearly three years ago, reports Reuters. The regional court sentenced Maia Deguito, a former branch manager at Manila-based Rizal Commercial Banking Corp (RCBC), to a jail term ranging from 32 to 56 years, with each count carrying four to seven years. She was also ordered to pay a total fine of about $109 million. In February 2016, unknown criminals used ...

MNA Business Desk: The ACC (Anti-Corruption Commission) on Thursday night detained a former manager of Sonali Bank main branch in Bagerhat district from Nur Nagar area in Khulna city. He was arrested for misappropriating around TK 4.50 crore. The arrestee was recognized as Sheikh Mujibur Rahman, 55-year-old, in Baintola union of Rampal upazila in Bagerhat district. Mujibur along with a senior official- Sheikh Mahfizur Rahman- misappropriated TK 4 crore 49 lakh from the accounts of 150 clients of the bank making false papers during 2012-2015. They were suspended in December 2015. On October 2015, a case was filed against Mujibur ...