Falu, 3 others sued for money laundering
Published : Tuesday, 14 May, 2019 at 12:00 AM Count : 692
The Anti-Corruption Commission (ACC) has filed a case against BNP leader Mosaddek Ali Falu and three others for siphoning off Tk 183.92 crore to Dubai.
ACC Assistant Director Gulshan Anwar Prodhan filed the case with Uttara Model Police Station on Monday.
The other accused are S A K Ekramuzzaman, managing director of R K Ceramics, Syed A K Anwaruzzaman, director of Star Ceramics Limited, and Amir Hossain, director of Star Ceramics Limited, ACC Public Relations Officer Pranab Kumar
According to the ACC, Falu, Anowaruzzaman and Amir opened offshore companies -- Al Madina International Limited, Three Star Limited, Development EEU in 2010 -- and smuggled out about Tk 1.84 billion earned in Bangladesh 'through corruption' to the UAE.
They failed to show any source of the money in Dubai, the case dossier says. They do not have any proof of earning the money in Dubai nor did they notify Bangladesh Bank on their trade with Dubai, the anti-graft watchdog stated in the FIR(First information report).
"In reality, Mosaddak Ali Falu misused his political power and smuggled out the illegally accumulated wealth abroad to invest in an offshore company."