The Ministry of Finance has formed an investigation committee to uncover the actual facts surrounding the embezzlement of funds through forgery within the National Savings Certificate (NSC) system of the National Savings Directorate (NSD).
The information was confirmed by sources at the Finance Ministry today, Thursday (October 30).
High-Level Committee Composition
The committee, tasked with investigating the fraud involving the NSC server, is headed by Md. Hasanul Matin, Additional Secretary (Administration, Planning, and TDM) of the Finance Division.
Other members of this high-powered committee include:
- Dr. Rawshan Ara Begum, Director General of the National Savings Directorate (NSD).
- Dr. Ziaul Abedin, Additional Secretary of the Finance Division.
- Mohammad Rashedul Amin, Joint Secretary of the Finance Division.
- An Executive Director from the Bangladesh Bank.
- A Deputy Inspector General (DIG) from the Criminal Investigation Department (CID).
- A Joint Secretary from the Internal Resources Division (IRD).
Mandate and Deadline
The committee has been instructed to submit its investigation report within 10 working days.
The report must include:
- Identifying the true cause of the incident.
- Identifying those responsible and recommending punishment.
- Proposing measures to prevent similar fraud in the future.
The formation of the committee follows the recent revelation of a case involving the fraudulent embezzlement of funds using the NSD’s NSC server.
