Bismillah Group is terry towel producer and exporter that embezzled 9.9 billion Taka from five separate banks and is located in Dhaka, Bangladesh.[1][2][3] As of 2015 the banks are yet to recovery any of the stolen funds.[4]
History
Bismillah group allegedly embezzled 5.27 billion Taka from Janata Bank. They embezzled 3.26 billion Taka from Prime Bank Limited, 1.54 billion Taka from Jamuna Bank. They further took 1.04 billion Taka from Shahjalal Islami Bank Limited and 625.3m taka from Premier Bank. This was done over the course of three years.[1]