A Dhaka court on Wednesday sent Amin Ahmed, an accused in a case filed under the Money Laundering Prevention Act against six individuals including former chairman of Basic Bank Ltd Sheikh Abdul Hye alias Bacchu, to jail.
Dhaka Metropolitan Sessions Judge Ash Shams Jaglul Hossain passed the order denying bail to Amin Ahmed, owner of Hotel Le Meridien following his surrender to the court.
Anti-Corruption Commission (ACC)'s public prosecutor Mahmud Hossain Jahangir confirmed the Daily Observer Online on Wednesday (July 10).
PP Mahmud Hossain Jahangir said Amin Ahmed is a chargesheeted accused in a case under the Money Laundering Prevention Act against six people including Basic Bank's former chairman Sheikh Abdul Hye Bacchu.
Amin Ahmed also pleaded to the High Court seeking bail in the case earlier and a High Court bench passed an order on June 10 last over bail hearing. In the order, the High Court also asked Amin Ahmed to surrender to lower court within six weeks. At the same time, the High Court gave directive to the authorities concerned to not arrest or harrass him during the period.
Seeking stay on the High Court order, the ACC filed a petition to the Appellate Division. On June 12, the Chamber Court of the Appellate Division stayed the High Court order and sent the ACC's petition to thje regular bench of the Appellate Division for hearing. Subsequently, the hearing took place on June 30 last.
The Appellate Division led by Chief Justice Obaidul Hassan directed Amin Ahmed to surrender before the lower court within seven days.
Earlier on October 2, 2023, the ACC filed the case against Abdul Hye Bacchu, his wife Shirin Akter, Abdul Hye's brother Sheikh Shahriar alias Panna, Abdul Hye's daughter Sheikh Rafa Hye, son Sheikh Sabid Hye and deed giver Amin Ahmed.
According to the charges, Abdul Hye bought 30 kathas of land at Cantonment Bazar area in Dhaka in his, his wife, and children's names. The real price of the land was Tk 110 crore though he showed the price at Tk 15.25 crore. Through the under-valuation of land, he laundered Tk 94.75 crore from the country which was a crime as per the Money Laundering Prevention Act.
On October 2 last year, the ACC submitted chargesheet against six individuals including Abdul Hye Bacchu and Amin Ahmed.
