An external auditor has found unauthorised transactions worth Tk 1,373 crore at Uttara Finance and Investments Limited, a listed non-bank financial institution (NBFI).

Uttara Finance and Investment has requested Anti-Corruption Commission (ACC) to prevent its former managing director, SM Shamsul Arefin, from leaving Bangladesh over his alleged involvement in scams.

The Bangladesh Bank today removed SM Shamsul Arefin from the post of managing director of Uttara Finance and Investments Ltd (UFIL) for his alleged involvement in financial irregularities.