New Probe Body Formed Over Armed Forces Pension Fund Embezzlement
A fresh investigation committee has been established to probe the fraudulent withdrawal of military pension funds. Initial findings indicate that millions were embezzled through hundreds of bogus arrears bills.
A new investigation committee has been formed in Dhaka, Bangladesh, to look into the embezzlement of pension funds belonging to retired members of the armed forces. The formation of this official inquiry body was confirmed today, Sunday, through an office order issued by the office of the Controller General Defence Finance (CGDF).
According to the official directive released by the authorities, the newly constituted committee has been assigned specific leadership roles to ensure a thorough examination of the financial irregularities. The administration has appointed A K M Hasibur Rahman as the convener of the probe committee, while Mst. Beauty Khatun has been designated to serve as the member-secretary.
This administrative action follows troubling discoveries regarding the systematic exploitation of military retirement accounts within the department. Initial investigative findings uncovered that a fraudulent scheme was executed utilizing the credentials of twenty-six distinct pension holders to siphon off substantial government funds.
The preliminary inquiry revealed that the perpetrators fraudulently generated a staggering total of three hundred and forty-six arrears pension bills. Through the processing of these unauthorized and fabricated claims, an amount totaling six crore sixty-eight lakh seventy thousand nine hundred and twenty-eight Bangladeshi taka was illegally removed from the state accounts.
The newly formed committee, operating under the authority of the Controller General Defence Finance's office and associated branches including the CCDF (Pension and Fund) office, has been given a strict timeline to complete its comprehensive review. The panel is officially required to submit its findings and report back regarding the massive pension fraud within ten working days.
