Sunday, 24 October, 2021

Money Laundering

ACC submits charge sheet against Falu

  • Staff Correspondent
  • 1 October, 2021 12:00 AM
  • Print news

The Anti-Corruption Commission (ACC) on Thursday submitted a charge sheet against three persons, including former BNP lawmaker Mosaddek Ali Falu, in a case filed on charges of laundering Tk 183.92 crore to Dubai.

ACC Deputy Director Md Gulshan Anowar Prodhan, also the investigation officer of the case, submitted the charge sheet to the Dhaka Special Judges Court in the case.

The two other accused are SAK Ikramuzzaman, managing director of RAK Ceramics and Rakhen Development Company Ltd, and Syed AK Anwaruzzaman, director of Star Ceramics Private Ltd.

Falu, also a former adviser to BNP Chairperson Khaleda Zia, was shown ‘fugitive’ in the charge sheet as he did not obtain bail from any court. The IO appealed to the court to issue an arrest warrant against Falu.

According to the charge sheet, Falu, Ikramuzzaman and Anwaruzzaman opened three offshore companies --- Al Madina International Ltd, Three Stars Limited and Development EEUE--- in Dubai in 2010 and laundered Tk 183.92 crore.

The IO, however, dropped the name of Md Amir Hossain, former director of RAK Consumer Products Ltd and Star Ceramics Private Ltd, from the charges as his involvement with the money laundering charge was not proven during the probe.

The ACC on May 13, 2019 filed the case with Uttara West Police Station against Falu and three others under the Money Laundering Prevention Act on charges of siphoning off Tk 183.92 crore to Dubai.