From salesman to billionaire

Staff Correspondent

22 November, 2020 12:00 AM printer

Believe it or not… a salesman has become a billionaire with a short span of time through illegal means like gold smuggling and land grabbing.

Rapid Action Battalion arrested such a billionaire named Monir Hossain, widely known as Golden Monir, during a raid on his house at Merul Badda in the capital early Saturday.

Monir hailed from a poor family at Ruhitpur in Keraniganj was once a salesman and now has become an owner of huge wealth and properties worth Tk 10.5 billion.

Sources said Monir has 200 plots at Badda, Purbachal, Nikunja, Uattra and Keraniganj. Not only that, he is a financier of a big political party.

Ashique Billah, director (legal and media wing) of the RAB, said Monir was a salesman at a cloth shop at Gausia Market in the 1990s to maintain his poor family.

Later, he began work at a crockery shop at Mouchak Market, which was the place of changing his fate as he had relations with a luggage trader. After acquaintance, he began smuggling in guise of luggage trade.

Monir began smuggling clothes, cosmetics, electrics, computers, mobiles, watches and other things in the name of luggage business.

He used the Singapore-India-Bangladesh route for his illegal activities. Within a few years, he started gold smuggling and hundi trading along with land grabbing.

He began operating a jewellery shop at Baitul Mokarram in which the smuggled gold was sold after being made of ornaments.

With the passage of time, he became a notorious gold smuggler and people started to call him Golden Monir.

The six-storey residence No. 41 and road No. 13 at DIT Project of RAJUK from which he was arrested is a duplex.

He and his family members used five car Prado brand cars -- each of which worth Tk 30 million.