ACC sues NASSA Group Chairman Nazrul Islam

A case has been filed against NASSA Group Chairman Nazrul Islam Mazumder by the Anti-Corruption Commission (ACC) for allegedly acquiring illegal assets worth more than Tk781.31 crore.

ACC Director General M Akhtar Hossain confirmed the matter and said that Assistant Director Mohammad Shahjahan Miraj lodged the case with the ACC’s Integrated District Office, Dhaka-1.

The charges against Nazrul have been brought under Section 27(1) of the ACC Act 2004 and Section 5(2) of the Prevention of Corruption Act 1947.

He acquired the total amount Tk 781,31,22,454 from illegal sources, he added.

Nazrul, also an ex chairman of Bangladesh Association of Banks (BAB), was arrested on 1 October, 2024. He was accused in several cases.

Nazrul, who founded the Nassa Group in 1990, led the BAB for nearly 17 years during the Awami League-led government since 2008.

He is also the former chairman of EXIM Bank.