Marwari businessman flees to India with 150 crore taka bank loan
Shomir
>
> "Marwari businessman flees with 150 crore taka bank loan "
>
> (Wednesday the 7th of August 2002 PROTHOM ALO )
>
> A Marwari businessman has fled to India after embezzling money from a
> number of private sector banks. There was no information available as
> to the exact of money that he embezzled. But five private sector banks
> separately gave loans worth 15 million taka (150 crore taka) to a
> company owned by this man a few months ago.
********************************************************************************
This is just unthinkable. One would be obviously concerned whether
the Marwaris have the License, let alone the Rights, to do business in
Bangladesh, when they neither have the nationality nor the citizenship
of Bangladesh. Infiltration of Marwari businessmen in Bangladesh is
just another example of Indians crossing the border illegitimately
(let alone their crimes) that falls on the face of Bangladeshi
infiltration claims of India. We just chose not to be Advani or
Vajpayee on these issues, but we can, if we wanted to be a
fundamentalist as habitually claimed by India and her cohorts
everywhere.
This is not merely a financial crime but a cross border Marwari
Infiltration problem that has been going on for quite a long time now,
for which the Government of India should be directly held accountable,
or else we will start sheltering ULFA extremists from Assam or ISI
training camps -- India's worst nightmare, yet to come.
Zafar Chowdhury
based on LC (letter of credit) without verifying funding is available or
not. Yet this is the common practice.
"Asif Hasan" <asif_h...@hotmail.com> wrote in message
news:df51654a.02081...@posting.google.com...
> It is better not to label every crime committed against minority
> people as minority repression. Some(,not all) minorities are involved
> in criminal activities just like some of their majority counter parts
> are:
>
>
> article 1:
>
>
> "Marwari businessman flees with 150 crore taka bank loan "
>
> (Wednesday the 7th of August 2002 PROTHOM ALO )
>
> A Marwari businessman has fled to India after embezzling money from a
> number of private sector banks. There was no information available as
> to the exact of money that he embezzled. But five private sector banks
> separately gave loans worth 15 million taka (150 crore taka) to a
> company owned by this man a few months ago.
>
> The banks are furious after finding that this Marwari businessman has
> fled. Already the deputy-managing director and the manager of the
> Motijheel branch of one of the banks have been dismissed, according to
> responsible sources.
>
> It is learnt that there is a link between the disappearance of this
> man and the mysterious murders of two men in the capital’s
> Tikatuli are three and a half months ago. The two murdered men were
> employees of this businessman. It is thought that the man also
> disappeared at around the same time.
>
> According to the information received, the Indian businessman by the
> name of Om Prakash Agarwal aka Om Babu took loans of over a hundred
> crore taka from five banks. None of the loans, however, were taken
> under his name. In one or two cases his name appears in the bank
> documents as the holder of the loans. But most of the loans have been
> granted to two employees of his company, Swapan Bhattacharya and Radha
> Krishna Sharma. Both of them were murdered on the evening of April
> 14th by armed assailants in Dhaka while they were returning home from
> their office in Narayanganj. The investigation into this double murder
> did not progress for some mysterious reason. There are rumors that
> these murders were committed at the instructions of Om Prakash to
> facilitate the embezzlement of the bank loans. It came to be known
> that Mr. Agarwal fled soon after the murders were committed. His
> offices in Narayanganj remain closed.
> The banks became desperate to recover their money after Mr. Agarwal
> fled. The five banks are trying hard to try and coordinate the money
> loaned. They are maintaining secrecy in this matter. On investigation
> it could be found that Om Prakash Agarwal started his business in
> Tanbazar, Narayanganj in 1977-78. Tanbazar is Narayangaj’s
> biggest wholesale market for chemicals, paint and thread. He used to
> supply threads, paint and chemicals imported from India to wholesalers
> in Narayanganj. He did not set up an office there and used to commute
> daily from Dhaka. Local traders used to get commission for selling Mr.
> Agarwal’s goods. When his business was booming he set up two
> export oriented garments factories in Tanbazar by the name of East
> West Commodities and HB apparels.
>
> In could be known that he embezzled money through the misuse all the
> government benefits given to his export oriented company. He used to
> sell threads imported through back to back L/C instead of using it in
> his factory. He used to get lots of benefits from the government by
> overstating export earnings. Mr. Agarwal used to over invoice 10
> dollar tee-shirts to 30/35 dollars. Once the BKME stopped his request
> of UD to open a back to back L/C after finding out that he showed
> $2/kg thread to be $5. The BKME found that the thread was bought from
> Uttara Spinning, which is owned by Gidhirlal Modi, a
> ‘hundi’ businessman based in Kushtia. Besides he is also
> the business associate of Ashok Khijirlal of the Doyel Group. It could
> be known that Mr. Agarwal was also involved in hundi. He was the
> leader of Hong Kong, Dubai and Singapore based hundi syndicates.
>
> --------
>
> article 2:
> School kid kidnapped, killed, dumped into river
>
>
> (source:http://www.dailystarnews.com/200208/08/n2080801.htm#BODY2)
>
>
>
> Staff correspondent
>
>
> A class III student of Armanitola School Rubayet Ahmed Bappi, abducted
> from the old part of the city Monday, was killed and dumped into the
> Shitalakhya river the same evening. This was confessed yesterday by
> two of the arrested youngsters who were nabbed by the Kotwali Police
> while probing into the alleged abduction of Bappi, 8.
> The main accused Md. Shipon is the first cousin of the minor
> schoolboy who reportedly abducted Bappi over a family feud. The murder
> bore uncanny resemblance with that of Shihab's death in Bashabo in
> February when the 13-year-older was chopped into pieces when a ransom
> demand was not met.
>
> Shipon lured Bappi with the promise of a bicycle and held him
> hostage with the help of his friends and family Monday noon.
>
> Later, one accomplice of Shipon rang up Bappi's father Alfu Mia and
> demanded a ransom of Tk. 20 lakh to be given at a certain spot by the
> Shitalkhya.
>
>
>
> Failing to meet the demand, Alfu Mia contacted the police who later
> arrested Shipon from Demra.
> Acting on his statement, police also arrested Shipon's parents Rafiqul
> Islam and Hena Begum, his associates Ripon, Shanjib and Zahaid Hasan.
> Two more accused--Shankar and Sharif--are absconding, police said.
>
>
> Police is yet to recover the body of Bappi.
>
>
> Talking to the press, the grief-stricken father of Bappi demanded
> speedy trial of the murderers.
>
>
> Father of the victim has filed a general diary with the Kotwali police
> station in this regard.
>
>
> My comments:
>
> It goes without saying that the homicide suspects Shankar and Shanjib
> come from the minority community. My position is :the above crimes
> were just crimes, they were not communally/racially motivated. However
> I dare to wonder if only these "minorities" were the victim(s) and not
> the perpetrator(s), it would have been a biggie issue for the
> HRCBM.prg, MayerDak.com ,cruelbengalbeast.com, banglahindu.com,and
> even so called Hindu-Buddhist-Christian Oikya Parishad (with no or
> very few Buddhist and Christian members)hate mongers or their Deshi
> counter part- the raw funded Daily Janakantha. If this is called fair
> activism or journalism then I rest my case here.
Baajan
Subject: "Greatest disaster" in the history of the country's banking
system
Who says Bangladesh is poor? If anyone can simply siphon off 300
crores of taka - THREE HUNDRED CRORES !!! - from Bangladesh, our
finance minister is right that we should not be included in the LDCs
any more.
This story of swindling is unconscionable. It exposes the
vulnerability of our country and nation and how our collective
interest is hostage to the whims and machinations of a coterie of a
privileged few.
It is the banks that must be held accountable at the highest level.
Also, an international campaign must be undertaken to reclaim this
money and preempt any further such incident.
Are there things that the expatriate Bangladeshi community can do in
this regard? Bangladesh has been under severe and concerted attack
from HRCBM-type anti-Bangladesh, hate organizations for oppressions
of minorities. Is this part of an international plot to economically
and financially cripple Bangladesh? In addition, did Om Prokash
Agarwal and his two associates, Radha Kridhna Sharma and Swapan
Bhattacharyia, take any advantage under the provisions for the
minorities?
According to New Nation, "It is apprehended that the Marwari
businessman with the money is absconding somewhere in India." If this
is true, then India's cooperation should be sought to bring such
culprits to the court of law.
[http://nation-online.com/200208/12/n2081201.htm#BODY13]
===============================
Dr. Mohammad Omar Farooq
Date: Tue, 13 Aug 2002 14:39:09 -0400
From: "MUHAMMAD RAHMAN" <rahm...@hotmail.com>
Subject: Truth about Marwari businessman Om Prakash Agarwal and his
activity as Traitor
Dear All:
This is a disgrace for our country where it's only possible. As I was
really shocked to see this Marwari businessman Om Prakash Agarwal's
activity, since I know him personnaly.
I am requesting as a Bangladeshi-American to Bangladesh government
and all Intelligent Agencies of Bangladesh to follow my email
careefully to get rid off this kind of traitor from Bangladesh.
History of Marwari businessman Om Prakash Agarwal:
Since I am from Dinajpur, there are many Marwari businessman lives in
Dinajpur in a placed called "Marwari Patty" and all are in Smuggling
business, Mr. Om Prakash Agarwal hails from this place in Dinajpur.
He is my Uncle's school friend and both are still good friend. Before
Bangladesh Independence Mr. Om Prakash Agarwal didn't have any money
to buy anything, his father had a small business in Dinajpur and he
used to hang around in my Grand Fathers's house with my Uncle all the
time. Immediately after 1970 war he send his Family Mom Dad to India
(Calcutta)and started his Import Export Business and behind the scene
Smuggling. All our family members know him as a Smuggler and in Dhaka
also he his known to all big community people as a big businessman.
In 1988 I remeber there was an article about Dhaka's big smugglers
and his name was there with the Aziz Mohammed Bhai. He has very
close realtion with the high level of Govt officials that includes all
Politcians, High level Indian Highcommission officials, I will not be
surprised to see him on the news now as a RAW agent working for
India. All though he made 100 crores form Business(Smuggling) in
Bangladesh, he doesn't have a single house or apartment in Bangladesh,
always he lives in rented house and apartments, the house in Gulshan2
and Eastern Tower apartments all are rented. His realtives all are
Marwari Businessman now staying in 12 no. Rankin Street, Wari,
Dhaka-3, that complex belongs to my uncles and us. I request
immediately to my Dad and Uncle to evacuate his realtives
form our apartment complex, I don't want to see a traitor to live in
our Apartments.
Mr. Om Prakash Agarwal bought several homes and apartments in INDIA,
although he is a Bangladeshi citizen, the one I visited when I was
studing in India, which is infront of Calcutta Planetorium big 14
story apartment and his aprtement is in 9th floor. Two years back his
son got married in Calcutta, and he spent more than $million for that
marriage in Calcutta Oberoi Grand Hotel. Since 1970 to until now he is
also in HUNDI business, While I was in India if I had any problem with
money I used to take money from his Dad in Calcutta and I used to pay
him back in Bangladesh. I am the withness for his HUNDI business.
He stared his business mainly on Dye, Chemical and through his
invoice actually he imports all Banned items in Bangladesh with the
help of Bangladeshi Corrupt custom officials. Since 1980 he has his
office in Hongkong, Calcutta, Germany, NY and keep on expanding his
network of different illegal business with the help of Bangladesh law
enforcement. I don't blame him only it's the failure of our
Intelligence community and law enforcement. Whenever our new
government comes or any political problems he fleds to either in
Calcutta or HongKong, In 1982 during Ershad Military rule he was out
of Bangladesh for several months and during 1991 also he was out
of Bangladesh. So he takes advantage of our loopholes of law
enforcement. Now the bottom line is why this kind of persons are
allowed to get loan from Bank, who doesn't have a single house in
Bangladesh, and whose Business is well known to our law enforcement
and Politicians. If Bangladesh Government requires more info on this
traitor, I am ready to help as a patriot. And this kind of activity
must end here for better Bangaldesh. All Marwari Businessman in
Bangladesh should be watched closely by our Law enforcement
and Intelligence community for the betterment of our Country.
Sincerely,
Muhammad Sayeed Rahman
Governor's Office for Technology
Server Administration Branch
101 Cold Harbor Drive
Frankfort, KY - 40601, USA
Phone: (502) 564-8722
Email: Muhamma...@mail.state.ky.us
On 11 Aug 2002 17:01:30 -0700, asif_h...@hotmail.com (Asif Hasan)
wrote:
Gandu
> From: "Dr. M. Farooq" <far...@globalwebpost.com>
> Subject: "Greatest disaster" in the history of the country's banking
> system
Well, Mr. Agrawal made superb use of the corrupt officials in BD, he
cannot do it otherwise. BTW, cunt Khaleda can give a few epic blow-jobs
to Musharraf or the Arabs, and recover the money.
>
Kunal Singh
Shomir <shom...@hotmail.com> wrote in message
news:e13b53ed.02081...@posting.google.com...
Baajan
wrote:
gandu is a wanker
gandu is a hindu peice of shite
gandu raped his own mother
gandu where are you
gandu i shagg you up the ass with a 10ft strap on cock while your
mother
sucks on your dick
Achin Pakhi
UNB, Aug 22, 2002
A retired police superintendent was arrested early hours Monday on
a series of charges, including involvement in subversive acts and
recent banking scams by Marwari merchants. Prakriti Ranjan Chanda
was picked up from Dhanmondi area by plainclothes policemen and
taken on four days remand for interrogation on the charges that
also include participation in the much-talked-about 'Janatar
Manch' revolt against the previous BNP government.
Later he was produced before court and taken on remand. Police
sources said he was arrested in connection with various
allegations, including illicit connection with "Marwari
businessmen", subversive activity, Janatar Manch case and a bid to
disturb law and order in the country. PR Chanda, a SP-ranked
officer, went on retirement as Commandant of Police Training
College (PTC) in Rangpur several months back.
Achin Pakhi
role
Earlier when I first posted the message about the Agarwal swindle
case, and raised the question whether there was any HRCBM-type
connection, I was taken to task by Dr. Sukhamaya Bain. [Connecting Om
Prakash Agarwal with HRCBM!!] In that message he not only rebuffed my
question about possible link, in his usual stereotypical fashion, he
also remarked "some corrupt and dimwitted Islamic fanatics of
Bangladesh got fooled by a criminal and shrewd marwari businessman."
Of course, in his view, it seems that Bangladeshis are in general
"Islamic fanatics". Otherwise, who are the fools he is referring to?
He also mentioned: "This kind of shameful attempts of hiding the
disadvantages of the minorities by making false conjectures of
advantages may be good for keeping the Islamic fanatics." How does
Dr. Bain know that this is FALSE? Did anyone claim that there IS a
connection? It was merely a question to explore a possible angle. At
least the world now knows that one of the "Important Links" of the
fascist HinduUnity.org is HRCBM, even though we don't know whether
the link is any more than just a convergence of mission of the two
organizations.
[http://groups.yahoo.com/group/Shetubondhon/message/4131]
Anyway, the following is a follow-up story by Badruddin Omar.
Hopefully, Dr. Bain already knows or wouldn't dare branding him as a
"dimwitted Islamic fanatic" or that his thoughts here are "braying."
It seems that "kecho khurte shaap ber howar moto", the coverage is
now extending to the Hindu-Boudhya-Christian Oikya Parishad (HBCOP)
as well as a communal organization.
If any of these elite minority connection is true (with which
Bangladeshi non-minority sources might be in cahoot) to "squeeze the
balls of Bangladesh and to damage the inter-community relationship in
the country, then these minority elites are most definitely hurting
the real minority victims of our society. Criminals are criminals,
whether they belong to the minority or majority. Badruddin Omar's
characterization of "saviors" of these criminals is quite apt. What
is important is that hopefully these minorities would not be
scapegoated to save the other big-shots within the country, with
important political connections, and any connection outside.
Quite curiously, Agarwal must be innocent because HBCOP has given the
certificate of innocence in his favor, as any angle about HRCBM
connection must be false, because Dr. Bain gives this Important Link
of HinduUnity.org a clean bill of health.
By the way, according to the following report, Om Prakash Agarwal is
in the United States. Would Bangladeshi expatriates of all persuasion
in the United States join in exposing this person and help Bangladesh
to bring him as well as others - regardless of wherever they are - to
justice?
=================================
Bank robbers and Hindu-Boudhya-Christian Oikya Parishad's role
Badruddin Umar
Courtesy: Weekly Holiday [August 23, 2002]
http://www.weeklyholiday.net/front.html#5
The protagonists of the most recent alleged bank robberies in
Bangladesh happen to be two businessmen - Giridharilal Modi and Om
Prakash Agarwal. Debakinandan and Ashoke Kejariwal have also been
cited in newspaper reports in this connection. Between the first two,
they are supposed to have illegally borrowed about three hundred
crore takas from a number of banks. The Bangladesh Bank is currently
investigating their banking transactions and involvement with
smuggling of currencies. On being tipped about these investigations,
Om left the country and Modi probably went into hiding. (The
Kejariwals have stood their ground on their investment portfolio so
far, but are still under scrutiny for what may not be related to the
duo, but maybe something to do with the alleged manipulation of
subsidy as in the case of many other RMG exporters. - Ed.) It is
being reported in the newspapers that seven or eight private
commercial banks, including a foreign bank, are involved in these
allegedly fraudulent bank transactions.
Preliminary investigation by the Central Bank reveals that serious
irregularities have taken place in all the concerned banks while
disbursing loans to the above mentioned businessmen. Om Prakash
Agarwal has borrowed one hundred and fourteen crore takas from three
banks of which only the two crores are allegedly shown as his
personal borrowing and the rest as loans granted to his employees in
various subsidiary business organisations. Similar borrowings have
been made by Modi and his Uttara Group.
All these transactions are reported to have taken place without
following proper banking rules and without providing necessary
securities. So, pending the final report of the Central Bank's
investigation, one can safely conclude that bank officials at the
highest level are deeply involved in these alleged bank-frauds.
This is one aspect of the current situation. Another aspect relates
to something that clearly reveals the extent to which the rot has
spread. Whenever deviants are caught or find themselves in
difficulties, "saviours" then appear publicly on this or that pretext
or pull strings behind the screen. This time they have publicly come
forward to defend their clients.
On 15 August a statement by Professor Nimchandra Bhowmik, General
Secretary of Hindu Boudhya Christian Oikya Parishad (HBCOP) was
published in Jugantar in which he alleged that the above-mentioned
businessmen are being harassed because they belong to a religious
minority community. In the statement he said, "Recently it has been
noticed that distorted propaganda is being made against foremost
industrialists, businessmen and social workers like Giridharilal
Modi, Om Prakash Chowdhury and Debakinandan Kejariwal." He further
said, "the amounts of bank loans of many established and top
Bangladeshi industrialists and businessmen are larger than their real
assets. Against that, the real assets of Giridharilal are worth taka
three hundred crore while the amount of his bank loan is a mere taka
sixty crore."
It appears from this statement of Nimchandra Bhowmik that the alleged
bank-frauds belonging to the Bangladeshi-Marwari community are either
lesser evils than the Muslim kind, or that there is no reason or need
for their borrowing from banks since they already have more assets
than what they are said to have borrowed from the banks. A very
strange and extraordinary argument! Om Prakash Agarwal has fled to
the United States and from there he has sent a statement to
newspapers in Dhaka protesting his innocence. Referring to this, the
HBCOP Secretary has claimed that there was no scope for any further
doubt about the innocence of Om Prakash because he has made his
position clear through the statement. A very clear proof of innocence
indeed!
What is important and significant to note in this connection is the
fact that in the face of all the reports and current investigation
proceedings, the Secretary of a certain organisation, who also
happens to be a university teacher, does not feel any hesitation not
only to plead for the alleged business frauds but also to denounce
investigation into their criminal financial activities as inspired by
communal considerations.
The Hindu Boudhya Christian Oikya Parishad claims to represent the
interest of Hindu, Buddhist and Christian religious minorities. By
trying to defend nefarious financial activities, particularly
fraudulent bank transactions of wealthy Marwaris, it has exposed its
true character. In fact, this rabidly communal organisation has
practically nothing to do with the common religious minorities. It
really stands for the sectarian interests of the rich and wealthy
propertied section of the religious minorities who are an integral
part of the Bangladeshi ruling class.
The name of the organisation is also misleading. By including a
handful of hand-picked Buddhists and Christians in the organisation,
they claim to represent the interest of the Buddhists and Christians
of this country. But in reality this is a communal organisation of
the upper middle class and rich Hindus led by C.R. Datta, a notorious
Hindu communalist. Being backed by the financial support of rich
Hindus and Marwaris and by the political support of a section of the
Bangladeshi ruling class, this organisation creates and sustains
communal feelings among the ordinary people in the same manner as its
Muslim counterparts.
Opposing communalism in any form is an important democratic political
task not only in Bangladesh but South Asia also. But even in this
area of activity, like many other such areas in Bangladesh, the
atmosphere is being vitiated by political and communal self-seekers
and other anti-social elements. The shameless statement of the
Secretary of the Hindu Boudhya Christian Oikya Parishad in defence of
the Marwari bank-frauds is an unmistakable example of this vicious
activity.