Home News Nurjahan Group MD Ratan arrested in the case of defaulters

Nurjahan Group MD Ratan arrested in the case of defaulters

by Afonso
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Police have arrested Zahir Ahmed Ratan, managing director (MD) of Chittagong-based Noorjahan Group, the country’s leading debtor. Ratan was arrested from Dhaka’s Badda area on Thursday by the raid team of Chittagong’s Kotwoali police station after he was absconding with multiple case warrants.

As per the latest news, the country’s leading consumer goods trader and debt collector is being brought to Chittagong after his arrest.

Chittagong Metropolitan Police Deputy Commissioner Mostafizur Rahman said that the Managing Director of Nurjahan Group, Zahir Ahmed Ratan, was arrested by a special team of Kotwali police station. The top debtor was arrested on the basis of tip-off.

Mostafizur Rahman said that Zahir Ahmed Ratan has more than Tk 6,000 crore of defaulted loans in banks, despite the purchase of assets under the guise of importing goods and the purchase of assets under various names. In the meantime, his name is in the list of the top debtors of the country listed in the National Parliament.


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