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Highlights
- Jahangir has companies in varied sectors together with housing, auto bricks
- He owes Tk50 crore to Al Arafah Islami Financial institution
- Owes Tk6 crore to Nationwide Financial institution, Tk7.5 crore to Social Islami Financial institution
- Offered retailers and flats in his newly constructed market
- Allegedly embezzled cash with out handing over flats, retailers
Md Jahangir Alam, a businessman from Chattogram, was arrested by immigration police from the Shah Amanat Worldwide Airport on Friday after he tried to flee the nation with out repaying round Tk100 crore in loans.
His try to flee was foiled and he was handed over to an area police station.
Jahangir, managing director of Tremendous Property Improvement, was earlier issued warrants in 11 out of 13 instances filed towards him by three banks.
He owes a complete of Tk100 crore to completely different banks and plenty of businessmen of the realm – Tk50 crore to Hathazari department of Al Arafah Islami Financial institution, Tk6 crore to Nationwide Financial institution and Tk7.5 crore to Social Islami Financial institution.
Hathazari Police Station Officer-in-Cost Md Rafikul Islam mentioned, “Immigration police at Chattogram airport on Friday detained Jahangir Alam and handed him over to us.
“On Saturday, we despatched him to courtroom over a number of instances filed towards him by varied banks. Nonetheless, the courtroom granted bail to him after listening to a bail petition,” he added.
Based on the banks, businessman Jahangir has been doing enterprise in varied sectors together with housing and auto bricks for a very long time. He took loans from completely different banks at completely different instances to do actual property and auto bricks enterprise. However with out repaying the financial institution loans, he purchased land and led an opulent life.
Resulting from nonpayment of financial institution loans for a very long time, the three banks filed 13 instances beneath Artha Rin Adalat Ain and Negotiable Devices (NI) Act.
He additionally offered retailers and flats in his newly constructed market within the Hathazari space, however many patrons accused Jahangir of embezzling cash with out handing over the flats and retailers.
Al Arafah Islami Financial institution’s Hathazari department supervisor Md Salamat Ullah mentioned, “Diamond Tremendous Auto Brick, Tremendous Metropolis and Kashem Buying and selling owed Tk50 crore to us. For nonpayment of mortgage cash for a very long time, we filed eight instances towards proprietor Md Jahangir beneath the NI act. He was warranted within the instances.
“We knowledgeable the immigration police in regards to the instances towards him so he isn’t in a position to flee the nation. On this context, the immigration police detained the businessman.”
Nationwide Financial institution Hathazari Department Supervisor Sheikh Mohammad Firozur Rahman mentioned Jahangir Alam took a mortgage from the financial institution within the title of Kashem Buying and selling. Though he took the cash for doing enterprise, he primarily purchased land with it. So, the financial institution filed instances towards him beneath the NI Act.
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