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Money Laundering

Crescent chairman remanded

Published : Tuesday, 12 February, 2019 at 12:00 AM  Count : 700
Court Correspondent

Crescent Group Chairman MA Kader was placed on a three-day remand by a Dhaka Court on Monday in connection with one of the three cases filed over laundering a total of Tk 919 crore, General Recording Officer Mazharul Islam said.
Metropolitan Magistrate Md Millat Hosain passed the order after Assistant Revenue Officer of Customs Intelligence and Investigation Directorate (CIID) Shakera Khatun, also the Investigation      Officer (IO) of the case, produced the leather product trader, Kader before it with a five-day remand prayer for interrogation. "He should be quizzed for returning laundered money," the IO said in his forwarding report.
 On the other hand his lawyer Advocate Ehasnul Haque Samaji and Advocate Abul Kalam Azad pleaded before the court to cancel the remand prayer.
Another court fixed   Monday for hearing on remand prayer   against Kader as its IO submitted a prayer before the court on February 3.
 On January 31 Metropolitan Magistrate Mohammad Jasim court sent Kader to jail   rejecting his bail.
Leather product company owner MA Kader was called by CIID at its office Kakrail to interrogate Janata bank's money laundering incident on January 30. At one stage of interrogation, CIID arrested him.
In the evening   Assistant Revenue Officer Anwar Hossain filed three cases  with chawak Bazar police station against  17 people, including Kader, over laundering a total of Tk 919 crore in foreign currencies.
The move came after the CIID, a field office under the National Board of Revenue (NBR), found in its inquiry that Crescent Group colluded with officials of Janata Bank's Imamganj branch in Dhaka to launder a total of Tk 1,297.65 crore abroad against 657 fake export bills.
Apart from MA Kader, the CIID filed cases under the Money Laundering Prevention Act, 2012 against 16 others -- including Managing Director of Crescent Leather and Crescent Tanneries Sultana Begum, Rimex Footwear Chairman Abdul Aziz, its managing director Litul Jahan Mira and 13 present and former officials of Janata Bank -- with Chawkbazar Police Station.
The 13 bank officials against whom the cases were filed includes Mohammad Fakhrul Alam, who was general manager of Janata Bank during the time of the scam and is now deputy managing director of Bangladesh Krishi Bank; Md Zakir Hossain, who was also general manager of Janata at that time, and is deputy managing director of Sonali Bank; Rezaul Karim, the general manager of Janata Bank, and its deputy general managers-- Kazi Rois Uddin Ahmed, AKM Asaduzzaman and Md Iqbal; currently suspended assistant general manager Ataur Rahman Sarkar, suspended senior principal officers Khairul Amin and Mogreb Ali; suspended principal officer Muhammad Ruhul Amin; and suspended senior officers  Saiduzzman, Abdullah Al Mamun and Moniruzzman.
NBR Chairman Mosharraf said the CIID found evidence of money laundering by the firms in an inquiry. He said the NBR would be careful so that no innocent persons are charged.

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