Criminal Investigation Department (CID) has arrested Shamim Kabir, chairman and owner of Fareast Islami Multi Co-operative Society Limited (FICL) in money laundering and embezzlement cases on Monday.
Sharmin Jahan, Assistant Superintendent of Police (ASP) of CID confirmed the news.She also said that there are 28 cases including some under Money Laundering Prevention Act against Shamim Kabir. Besides, there are allegations of embezzlement of Tk 300 crore against him. He was in hiding for four years.
The details about the arrest will be disclosed in a press conference later in the day, Sharmin Jahan said.