Bangladesh Bank (BB) has filed a case with Motijheel Police Station against Nagad Ltd, alleging that the company was involved in financial irregularities.
Arief Hossain Khan, executive director of the central bank, confirmed it.
He said the lawsuit named 24 individuals, including nine officials from the Bangladesh Post Office.
After the interim government took power in August 2024, Bangladesh Bank appointed an administrator at Nagad due to concerns over operational irregularities.
The administrator's investigation revealed several alleged discrepancies, most notably a Taka 600 crore shortfall resulting from the creation of e-money without corresponding cash backing—a serious violation in the financial sector.
Additionally, unauthorized withdrawals totaling approximately Tk 1,711 crore were identified from 41 distribution accounts designated for government allowances.
These findings have prompted the central bank to pursue legal action to address the alleged misconduct and uphold financial integrity.
