Businessman held on money laundering charge | 2019-01-31 | daily-sun.com

Businessman held on money laundering charge

Staff Correspondent     31 January, 2019 12:00 AM printer

Businessman held on money laundering charge

The chairman of Crescent Leather Products Limited, MA Quader, has been arrested on charge of money laundering.

Customs Intelligence and Investigation Directorate (CIID) personnel arrested him on Wednesday in the capital on charge of laundering Tk 438.3 crore abroad.

The arrest was made in the wake of reports of laundering thousands of crores of taka abroad from the country.

Three cases were filed with Chawkbazar police station accusing 17 persons over laundering of Tk 919.56 crore abroad.

Quader was accused in two of the cases for laundering Tk 422.46 crore and Tk 15.84 crore.

A team of CIID nabbed him around 3:30pm in Kakrail area, revealed the National Board of Revenue (NBR) chairman Mosharraf Hossain Bhuiyan at a press conference in the capital in the afternoon.

 

 


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