Tk 25cr BIWTA Fund Embezzlement
Fugitive officer held
Rapid Action Battalion (Rab) personnel last night arrested fugitive BIWTA assistant accounts officer SM Abdus Salam on charges of embezzling around Tk 25 crore from BIWTA'a contributory provident fund (CPF) from the city.
Rab's Intelligence Wing Director Lt Col Ziaul Ahsan told The Daily Star that they arrested Salam, already suspended from service, from a travel agency office at city's Topkhana Road.
Salam allegedly siphoned off the amount by issuing cheques with forged signatures of concerned officials and went into hiding after the scam came to light in November last year.
Around Tk 8.75 crore is to be deposited a year in CPF as BIWTA's contribution towards provident funds to about 4,500 employees. However, part of it was siphoned off annually for the last few years, the source said.
A case was filed with Motijheel Police Station in this regard and later was transferred to Anti-corruption Commission.
According to sources, suspended class-II officer Salam of Bangladesh Inland Water Transport Authority (BIWTA) owns a travel agency named AR Plus, a garment factory named Wears Universe, an automatic rice mill in Sirajganj, a six-storied building, a sports utility vehicle and several bighas of land in Savar.
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