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Money Laundering

Crescent Group chairman Kader sent to jail

Published : Friday, 1 February, 2019 at 12:00 AM  Count : 603
Court Correspondent

Crescent Group Chairman MA Kader was sent to jail by a Dhaka court on Thursday in connection with one of the three cases

filed over laundering a total of Tk 919 crore.
Metropolitan Magistrate Mohammad Jasim passed the order, rejecting his bail prayer.
 The investigation officer (IO) of the case as well as Assistant Revenue Officer of Customs Intelligence and Investigation Directorate (CIID) produced Kader before the court with a prayer to put him jail until the investigation was completed.
The IO also mentioned in the forwarding report that he will bring a remand prayer for the accused for interrogation.
On the other hand, Advocate Abdul Motaleb prayed to the court for granting bail.
 Leather product company owner MA Kader  was called by CIID at its office Kakrail to interrogate Janata bank's money laundering incident. 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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