CHITTAGONG. Aug 7: The kidnapped industrialist and di rector of a private bank Fakrul Anwar here remained untraced.

The victim was reportedly abducted along with his driver by an armed group on Thursday night near the Chittagong College. Later the driver was released but the armed group reportedly demanded a ransom of Taka one crore for Fakrul.

Kotwall police said the victim could not be located despite a hunt for him at some places in the city.