ACC sues former International Leasing director Nausherul

The Anti-Corruption Commission (ACC) has filed a case against former director of International Leasing and Financial Services Ltd Md Nausherul Islam on charges of acquiring Tk5.14 crore in assets beyond his known sources of income and concealing information in his wealth statement.

ACC Deputy Director Md Mashiur Rahman today (30 September) filed the case with the ACC’s Integrated District Office, Dhaka-1. ACC Assistant Director Tanzir Ahmed confirmed the matter.

According to the case statement, Nausherul Islam concealed information about assets worth Tk8,91,098 in the wealth statement he submitted to the ACC and made a false and baseless declaration.

The ACC also alleged that he acquired and possessed movable and immovable assets worth Tk5.14 crore that were inconsistent with his known sources of income and were allegedly obtained through dishonest means.

According to the FIR, Nausherul Islam was named as an accused in several cases filed over the alleged embezzlement of thousands of crores of taka from International Leasing. He was accused of being an associate of PK Halder, formally known as Prashanta Kumar Halder.

As part of its investigation, the ACC asked Nausherul to submit a statement of his assets. He submitted the statement to the commission on 13 September 2021.

After reviewing his income tax records, the ACC found that Nausherul had income totalling over Tk12 crore from various sources. The case statement said a discrepancy of over Tk5 crore was found between the two accounts. The case was filed under Sections 26(2) and 27(1) of the Anti-Corruption Commission Act, 2004.