A Dhaka court has ordered the imprisonment of Obaid Ullah Al Masud, former chairman of Islami Bank Bangladesh, in connection with a Tk 189 crore loan scam case filed by the Anti-Corruption Commission (ACC). The order was issued on Wednesday, November 19, by Metropolitan Sessions Judge Md Sabbir Foyez after the ACC’s Deputy Assistant Director Mohammad Shah Jalal requested that Masud be kept in custody until the investigation is complete. The case, filed on September 28, accuses Masud and 10 others of embezzling Tk 189.8 crore by violating banking regulations to secure a loan from Agrani Bank’s Asadganj branch in Chattogram. Masud previously served as a General Manager at Agrani Bank before becoming the chairman of Islami Bank. The court’s decision marks a significant step in the ongoing investigation into high-level financial misconduct within Bangladesh’s banking sector.