Sunday, 5 December, 2021

SPC World CEO remanded in money laundering case

A  Dhaka court placed chief executive officer (CEO) of e-commerce platform SPC World Express Ltd, Al Amin, on two-day remand in a money laundering case lodged with capital's Kalabagan Police Station.

  Dhaka Additional Metropolitan Magistrate Asaduzzaman Nur passed the order as police produced the accused before the court and pleaded to place him on five-day remand in the case.

  Police arrested Al Amin and his wife Sharmin Akter from Ramna area of the capital on October 3 and a court sent the couple to jail the next day. CID sub-inspector Nafizur Rahman filed the case on August 26. 

  According to the case documents, the accused were conducting illegal multi-level marketing business under the cover of e-commerce platform SPC World Express Ltd. They realized money from unsuspecting people, luring them in the name of higher profit. They laundered around Taka 1.17 core abroad.