Former Central Bank Deputy Governor Gets Jail for Not Declaring Assets
Former Bangladesh Bank (BB) Deputy Governor Sitangshu Kumar (SK) Sur Chowdhury has been sentenced to three years in prison. He received the sentence for not submitting an asset declaration. Dhaka Special Judge’s Court-2 delivered the verdict this week. Judge Ayesha Nasrin announced the judgment on Tuesday.
The Anti-Corruption Commission (ACC) filed the case against SK Sur Chowdhury. ACC counsel SM Abul Kalam confirmed the court’s decision. The court had set Tuesday for the verdict. This followed closing arguments from both sides.
SK Sur Chowdhury retired from Bangladesh Bank in January 2018. The ACC arrested him from the Segunbagicha area in the capital. This arrest took place on January 14, 2025. He has remained in custody since that time.
The ACC filed the case on December 23, 2024. ACC Deputy Director Nazmul Hossain initiated the complaint. The ACC had asked SK Sur Chowdhury to submit details of his assets. He needed to report all movable and immovable property. This included assets in his own name and those of his family or others.
The ACC was investigating allegations against him. These allegations concerned possessing assets beyond known income sources. SK Sur Chowdhury was given 21 working days to provide this information. However, he did not submit the required declaration within the set period.
ACC Deputy Director Md Ahsan Uddin submitted the charge sheet. This happened on August 4, 2025. Formal charges were then framed on November 6, 2025. This marked the start of the trial proceedings.
The court heard testimony from seven prosecution witnesses. After reviewing all evidence, the judge delivered the verdict.
The ACC started its investigation into SK Sur Chowdhury in 2022. His name came up in connection with the PK Halder financial scandal. PK Halder was a former Managing Director of NRB Global Bank.
Investigators alleged that SK Sur Chowdhury assisted PK Halder. He helped in a large loan fraud while serving as Deputy Governor. They also alleged he received illegal benefits from this assistance.
