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Dr. Abul Barkat, former chairman of Janata Bank and an economist, was arrested by Dhaka’s Detective Branch last night from Dhanmondi. He faces charges filed by the Anti-Corruption Commission related to financial irregularities during his tenure from 2009 to 2014. Allegations claim political influence and management collusion led to the bank’s large-scale embezzlement, which contributed to its decline. The late Finance Minister once criticized Barkat for damaging the bank’s reputation. Barkat also served as the chairman of Dhaka University’s Economics Department.

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Bonik Barta 11 Jul 25

Former Chairman of Janata Bank, Economist Abul Barkat Arrested

Dr. Abul Barkat, former chairman of Janata Bank and economist, has been arrested. He was taken into custody last night from the Dhanmondi area in the capital by the Dhaka Metropolitan Detective Branch (DB) police. Mohammad Nasirul Islam, Joint Commissioner of the DB, confirmed the matter to the media. He stated, “Based on secret information, a raid was conducted in Dhanmondi, leading to the arrest of Abul Barkat. There is a case against him filed by the Anti-Corruption Commission.”


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