4 jailed, fined Tk87cr in money laundering case in Sylhet
ACC filed the case under the Money Laundering Prevention Act in 2016
A Sylhet court on Thursday (13 February) sentenced four people to different terms of imprisonment and fined Tk87.80 crore in a case filed by the Anti-Corruption Commission (ACC) under the Money Laundering Prevention Act.
The convicts are Bangladeshi-origin British citizen Misbah Uddin alias Robin Chowdhury, his wife Shahida Begum Shanti, Abdul Khalek alias Makhon Uddin of Chhota Desh area of Beanibazar upazila, and Ripon Siraj, brother-in-law of Misbah.
Sylhet Divisional Special Judge's Court Judge Md Shahadat Hossain Pramanik announced the verdict, ACC Court Inspector Md Zahidul Islam told BSS today (14 February).
Keep updated, follow The Business Standard's Google news channel
Of the convicts, Misbah was sentenced to eight years of rigorous imprisonment while Shahida, Ripon, and Khalek were awarded four years of rigorous imprisonment each, he said.
According to court sources, a letter sent by the UK Home Office in 2012 raised several allegations of corruption against Misbah.
Based on the allegation, the Bangladesh Financial Intelligence Unit of Bangladesh Bank decided to investigate the matter and later found the truth behind it.
Investigation revealed that Misbah brought huge money obtained through mortgage loan fraud into the country through multiple bank branches and transferred it to various bank branches in his own name, the name of his wife Shahida and father Abdur Rahim.
Later, he transferred the money to various banks in the names of various individuals, FDR, investment, SOD borrowing, share purchase, flat purchase, and investment in the stock market which resulted in a crime under the Money Laundering Prevention Act.
Subsequently, ACC filed a case in this regard in 2016.
