Mahi looted 12,000 gold with his brothers and nephews
October 4, 20243 Mins Read

Jumbangla Desk: The former chairman of the bank, Mohiuddin Ahmed Mohi, has sold the assets of the customers who have taken loans by keeping gold deposits in the hands of fake owners. His other identity is the former Joint General Secretary of Central Jubo League and Joint General Secretary (Current) of Dhaka Metropolitan South Awami League.

mohiuddin-ahmed-mohi

Cooperative Bank is a specialized bank, not included in Bangladesh Bank schedule. It is administered under the Department of Rural Development and Cooperatives. Here gold can be taken as a loan. A loan of 55 thousand rupees is now available against each load of pure gold. The interest rate is 17 percent. Additional 1 percent insurance cost is to be paid. After taking the loan, customers can get back the gold by paying the interest and principal amount.

If a customer fails to repay the loan on time, the mortgaged gold can be auctioned. Mahi accepted this opportunity. With the help of nephews and cousins, he looted gold by arranging false receivers.

Allegation against Mahi is that he has sold gold hoarded by customers by selling it to fake customers. His nephew was also his cousin. The document says: In 2020, Mahi sold 7 thousand 398 gold bars to fake customers. Its current market value is 100 crore rupees. 2 thousand 316 customers of the bank have been affected.

It is known: In 2009, Mohiuddin Mohi took the post of chairman of the cooperative bank due to political considerations. As the chairman, he handed over the charge of bank vault to nephew cash officer Noor Mohammad and AGM cousin Hedayet Kabir. And with them, 12,000 gold was charged against Mahi.

Mahi did not stop with looting gold. Irregularities in recruitment. Girlfriend Kohinoor Akhtar was appointed with a fake certificate. Employed 176 people in 9 years from 2009 to 2018. 138 of which are his and his girlfriend's relatives.

The Rural Development and Cooperatives Department investigated his sale of gold. Because the bank is managed under them. Mohiuddin Ahmed Mohi closed the investigation after effecting it. In 2021, the Anti-Corruption Commission filed a case regarding the sale of gold. In that case, 9 people were accused, of which Mohi was the accused number 1. He was able to remove his name from the charge sheet by exerting influence there as well.

The matter has come to the fore again in a speech of Hasan Arif, Local Government and Cooperative Advisor of the Interim Government. He said: While looking at the condition of the cooperative bank, I found out that 12,000 Bhori (7,398 Bhori in the ACC case) of gold cannot be found!

After his speech, the commotion started. Panicked customers stood in front of the bank's head office in Motijheel. Everyone wants to see their hoarded gold.

According to the statement of the ACC case: Between March and December 2020, the then Chairman of Cooperative Bank, Mohiuddin Ahmed, sold the mortgaged gold to fake owners without auctioning it. In this case, the national identity card is forged.

One of the accomplices of Mohiuddin Ahmed in the fraud is Co-operative Bank Senior Officer (Cash) Noor Mohammad. He is the nephew of Mohiuddin Ahmed. Noor Mohammad is accused number 6 in the ACC case. The case is now pending.