Bangladesh government officials corrected false news reports from Indian media companies. Republic World and One India published stories claiming the Anti-Corruption Commission cleared former Nagad executives of all charges. The reports stated that accusations against Managing Director Tanvir A Mishuk and Executive Director Md Shafayet Alam were baseless. Press Wing officials said these stories contain wrong information about the mobile payment company case. The Indian outlets used old December 2024 reports that discussed audit results rather than corruption charges.
Anti-Corruption Commission prosecutors actually filed cases against Mishuk and eight other Nagad officials on June 4. Investigators found evidence of stealing 6.45 billion taka through unauthorized distributors between March 2021 and November 2024. The commission discovered that Nagad created excess electronic money and moved funds through foreign companies. Bangladesh Bank also filed separate embezzlement charges against 24 people on February 3. That investigation revealed a cash shortage of more than 1.01 billion taka during an April 2023 audit.
Government press officers warned readers to check facts with reliable sources. The Indian media stories recycled outdated information and misrepresented current legal proceedings. Officials emphasized that corruption charges against Nagad executives remain active and ongoing. The false reports confused the public about the real status of these important financial crime cases. Press Wing representatives urged people to avoid believing misleading claims about Bangladesh court matters.
Anti-Corruption Commission prosecutors actually filed cases against Mishuk and eight other Nagad officials on June 4. Investigators found evidence of stealing 6.45 billion taka through unauthorized distributors between March 2021 and November 2024. The commission discovered that Nagad created excess electronic money and moved funds through foreign companies. Bangladesh Bank also filed separate embezzlement charges against 24 people on February 3. That investigation revealed a cash shortage of more than 1.01 billion taka during an April 2023 audit.
Government press officers warned readers to check facts with reliable sources. The Indian media stories recycled outdated information and misrepresented current legal proceedings. Officials emphasized that corruption charges against Nagad executives remain active and ongoing. The false reports confused the public about the real status of these important financial crime cases. Press Wing representatives urged people to avoid believing misleading claims about Bangladesh court matters.
