A team of CID arrested the president of Prime Multipurpose Co-operative Society Limited Md Riazul Islam Razu for misappropriating Tk 15 crore in Jashore.
The Economic Crime Squad of Organised Crime Unit of CID conducted a drive in Kotwali Thana area on January 9 and arrested the fugitive criminal.
The arrestee has been accused in 18 cases, sources said.