Ex-BSEC chairman Shibli Rubaiyat sent to jail
Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the order
A Dhaka court today (5 February) sent former chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat Ul Islam to jail in a case filed by the Anti-Corruption Commission (ACC).
Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the order and set tomorrow for the hearing on remand petitions.
According to court sources, Shibli was produced before the court at around 4:30pm and the ACC sought a 10-day remand for him.
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Public Prosecutor Mahmud Hossain Jahangir represented the ACC during the hearing.
Today, ACC Deputy Director (money laundering) Md Masudur Rahman filed a case against Shibli Rubaiyat and five others over allegations of bribery and financial irregularities.
The other accused include Monarch Holding Corporation Chairman Javeed A Matin, Xin Bangla Fabrics owner Ariful Islam, and three officials of Mutual Trust Bank PLC's Dilkusha branch — ex-foreign exchange department in-charge Israt Jahan, Vice President Iqbal Hossain and SEVP Syed Mahbub Morshed.
According to the case statement, Shibli Rubaiyat took bribes amounting to Tk1.92 crore by falsifying a house rental agreement. Additionally, he was accused of orchestrating fraudulent exports by fabricating sales contracts.
Bank officials, in collusion with others, reportedly brought $361,000 into Bangladesh without proper documentation and customer due diligence, violating banking norms. Of this amount, Shibli Rubaiyat personally received Tk1.84 crore.
