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Padma Oil Company/Controversies

Padma Oil Company controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021Fatal Jhalokati depot explosion
  2. 2017Former managing director arrested over alleged embezzlement
  3. 2013Alleged illegal recruitment
  4. 2012Alleged embezzlement by senior executives
  1. 2021

    Fatal Jhalokati depot explosion

    A vessel exploded at a Padma Oil depot on the Sugandha River in Jhalokati. The reported death toll eventually reached six after five of the initially injured people died in hospital.

    Source
  2. 2017

    Former managing director arrested over alleged embezzlement

    Former Managing Director Md Abul Khair was arrested in a case concerning alleged embezzlement of approximately 30 million taka, relating to conduct said to have occurred in 1995–1996. No final disposition is supplied by the reference.

    Source
  3. 2013

    Alleged illegal recruitment

    The Anti-Corruption Commission sued Managing Director Abul Khayer and 91 employees over allegations that staff had been hired unlawfully. The available reference does not establish a final court outcome.

    Source
  4. 2012

    Alleged embezzlement by senior executives

    The Anti-Corruption Commission brought charges against three senior Padma Oil executives over alleged embezzlement from the company. The available reference does not establish a final court outcome.

    Source