The Anti-Corruption Commission (ACC) early Thursday arrested Md Abul Khair, former managing director of Padma Oil Company Limited (POCL), from his Gulshan residence for embezzling Tk 3.8 crore, reports teh UNB.

A team of ACC conducted a raid on the house of Khair at dead of night and arrested him, said ACC public relations officer Pranab Kumar Bhattacharya.