NGO owners in hiding with customer money in Rajapur: Human chain and protest

Picture of Eati Akter

Eati Akter

Sub- Editor

Kanjan Kanti Chakraborty:

Three owners of a private NGO ‘Gram Bangla Savings and Loan Cooperative Society’ have gone into hiding after embezzling about 12 crore taka from customers in Uttampur area of ​​Rajapur upazila of Jhalakathi. Angry customers held a human chain and protest program in front of the NGO’s office on Saturday (May 10) afternoon.

More than 600 customers had been regularly depositing money as FDRs in this cooperative society, which was established about 12 years ago. It is alleged that the three directors of the organization—Saiful Islam Swapan, Farid Hossain and Sajal—recently went into hiding without any prior announcement. Due to this, customers became concerned about the safety of their deposits.

The victims who participated in the human chain are Farzana Usnat Jahan Usha, Md. Dulal, Golam Maula, Md. Nanna Hawlader, Md. Rubel Hossain, Md. Ayub Ali and Kurchia said that they had saved the money they had saved with a lot of difficulty in that NGO. Now the authorities have gone missing, which has put them in extreme uncertainty.

In this regard, Mossah Shahnaz, Field Officer of Gram Bangla Savings and Loan Cooperative Society, said, “We have collected 1.5 crore taka from this society by going to the customers and promising to give 2 thousand taka profit for 1 lakh taka per month.”

In this regard, Obaidul Haque Nani, President of Gram Bangla Savings and Loan Cooperative Society and former UP member of Ward No. 4 of Baraiya Union, said that they are preparing to return the original money to the customers. For this reason, the payment of FDR profit has been stopped for the time being. He also said that all customer deposits will be paid within the next two years.

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