ACC given 2 more months to file report against Shakib, 14 others

 
The Anti-Corruption Commission (ACC) has been given more than two months to submit an investigation report against cricketer and former Magura-1 MP Shakib Al Hasan, his mother Shirin Akhter, and 13 others over allegations of embezzlement, fraud, and money laundering in the share market.

Although Sunday was fixed for the report submission, the ACC failed to present it.
Senior Special Judge Sabbir Foyez fixed November 26 as the new date after the Anti-Corruption Commission (ACC) investigation officer failed to submit the report and sought more time.

The case, lodged on May 17 by ACC Assistant Director Sajjad Hossain, accuses the defendants of artificially inflating share prices of selected companies through fraudulent transactions, speculative trading and market manipulation, causing massive losses to general investors. The alleged fraud involved over Tk 256 crore.

According to the case documents, co-accused Abul Khayer (Hiru), a deputy registrar of cooperatives, along with his wife Kazi Sadia Hasan, concealed Tk 29.9 crore and oversaw suspicious transactions worth Tk 542 crore across 17 bank accounts.