The Prison Investigation Department (CID) has registered 17 circumstances towards Beximco Personnel Vice-Chairman Salman F Rahman and 27 others for allegedly laundering about Tk1,000 crore ($83 million) below the guise of export trade.
Additional Superintendent of Police Azad Rahman confirmed the topic to TBS in a notification this day (18 September).
The CID’s probe performed below the Cash Laundering Prevention Act came throughout that Salman and his brother ASF Rahman, who’s additionally the chairman of Beximco Personnel, had been fascinated about laundering about Tk1,000 crore ($83 million) by technique of exported items towards 93 LCs (Letters of Credit) from the Janata Bank PLC throughout the interval between 2021 and 2024. The export proceeds, however, had been now not brought relief to Bangladesh.
The accused, in an organised formulation, exported items by technique of their connected companies below the guise of trade with the malicious intent of laundering money in a foreign country, said the CID.
The CID additional said the accused deliberately did now not elevate relief the export proceeds, thereby committing offences below diversified sections of the Cash Laundering Prevention Act.
The investigation additional finds that Salman F Rahman, and his pals extinct their influence and, with the abet of an organised criminal team, laundered money in a foreign country. As a end result, 17 circumstances had been filed below the CID’s financial crime unit on the Motijheel Police Space, the CID said in its jabber.
Controversial businessmen Salman F Rahman, who remained largely untouchable throughout Sheikh Hasina’s 15-twelve months rule, is now below investigation by the CID’s financial crime unit.
The probe centres on allegations of grand money laundering and financial sector irregularities per a preliminary file on 1 September by the CID.
Salman, additionally adviser to deposed prime minister Hasina, is accused of laundering Tk33,470 crore in a foreign country, reportedly received by technique of loans from seven banks over the previous 15 years.
Of this quantity, Tk21,681 crore turn out to be taken from instruct-owned Janata Bank and an additional Tk5,281 crore from IFIC Bank, the set he served as chairman, per preliminary estimates from the CID.
Salman is additionally presupposed to trust profited Tk6,600 crore by technique of manipulation of the country’s capital market and is blamed for failing to repatriate Tk1,485 crore in export proceeds.
