Published:  02:54 AM, 07 August 2019

MD of PDBF Sacked for Corruption

MD of PDBF Sacked for Corruption Madan Mohan Saha

Madan Mohan Saha, Managing Director of Palli Daridro Bimochon Foundation (PDBF), has been sacked on charges of corruption. Ministry of Local Government, Rural Development and Cooperatives dismissed him from service through a letter issued on 5 August 2019. Allegations of graft, irregularities and misuse of power were brought against Madan Mohan Saha.

Madan Mohan Saha amassed a great deal of money and assets in unauthorized ways. An inquiry committee of Rural Development and Cooperatives Division identified evidences of corruption against him through an investigation which was conducted in April this year.

Rural Development and Cooperatives Division sent a letter to Anti Corruption Commission (ACC) on 19 June 2019 describing the corruption and anomalies committed by Madan Mohan Saha.

Evidences show that Madan Mohan Saha drew salaries for first grade for fourteen years though according to regulations he was supposed to get salaries for second grade. The inquiry committee marked it as a major instance of irregularities. It was detected through investigation that Madan Mohan Saha took bribe of 60 lakh taka from a food for work project.

Moreover, Madan Mohan Saha drew around 45 lakh taka from PDBF account under cover of official expenses. He could not show any proper documents to the inquiry committee regarding the disbursement of this money.

The inquiry committee also held Madan Mohan Saha responsible for granting work to a company named Exelon Bangladesh Limited without any tender. He took 46 lakh 37 thousand taka for this project. At the same time Madan Mohan Saha illegitimately issued work order to another nominal company Solition Electronics.

Allegations further show that Madan Mohan Saha took bribes of around one crore taka for the recruitment of thirty eight employees in PDBF. Madan Mohan Saha was also accused of taking bribes from the employees of PDBF for recruitment and transfers.

He also invested a few hundred crore taka in four private banks violating the decision made by the PDBF board of governors. The inquiry report states that defaulted loans in PDBF have increased by 52 crore taka during last six months due to the inefficiency of Madan Mohan Saha. Defaulted loans in PDBF have mounted by 123 crore taka during last two years for the same reason.


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