Friday, 19 June 2009

Untraceable and untouchable: the Jubak story

Khamin reveals the sufferings of depositors who had invested in different schemes of Jubak and is yet to get their money back


Depositors try to attack Jubak
director Rashedul Huda
at the court premises

Two fifty depositors, who had invested their life’s savings at Jubak’s Shutrapur Branch of Old Dhaka, tried to claim their money back after the year-long debit note and real estate project plan had matured in December 2008.

These depositors were desperate to regain their money and not even the interest, after maturity, that Jubak had committed prior to the investment. To their dismay, they were threatened by Jubak authorities for even claiming their own money!

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