Wednesday, 23 October, 2024
The Anti-Corruption Commission (ACC) has dispatched letters to 63 banks and financial institutions, seeking information regarding allegations of corruption and illegal assets linked to Salman F Rahman, advisor on private industry and investment affairs to former Prime Minister Sheikh Hasina and vice chairman of Beximco Group.
The ACC has requested that all financial records and documents related to 17 companies owned by Salman and his family members be submitted within the next four working days.
The letters were sent from the ACC headquarters in Segunbagicha on Tuesday by the head of the investigation team, Deputy Director Md Manzur Alam, and team member Assistant Director Saddad Hossain. Additionally, the ACC has reached out to multiple institutions, including the Capital Development Authority, RAJUK, the Public Works Department, and sub-registrar offices.
According to the letters, Salman is accused of stock market fraud, manipulation of placement shares, and embezzling thousands of billions of taka from shareholders through deceitful practices. He is also alleged to have used illegal influence to misappropriate loans worth Tk 360 billion from both state-owned and private banks. To effectively investigate these allegations, the ACC has requested the necessary documentation.
Specifically, the ACC is seeking financial records related to Salman, his son Ahmed Shayan Fazlur Rahman, and his wife Syeda Rubaba Rahman, including personal and joint bank accounts, savings certificates, deposit pension schemes (DPS), loans, and credit card information for Beximco and its 17 associate companies. These companies include Adventure Garments Limited, Apollo Apparels Limited, Autumn Loop Apparels Limited, and several others.
Additionally, the ACC has requested bank account opening forms, Know Your Customer (KYC) forms, transaction profiles, and account statements from the accounts' inception up to October 31, as well as details about loan accounts.
Salman and former law minister Anisul Huq were arrested on August 13 at Dhaka's Sadarghat while allegedly attempting to flee by boat, a week after the government fell on August 5 in the wake of a mass uprising. They are implicated in a case filed at New Market Police Station concerning deaths and injuries during the quota reform movement on July 16, with police having conducted multiple remand interrogations.
Following the fall of the Awami League government, several cases have been initiated against its leaders and activists regarding allegations of violence and casualties during the student-public movement. The ACC has also commenced investigations into accusations of illegal asset accumulation and money laundering against these individuals.
On August 22, the ACC announced its decision to probe allegations of corruption and abuse of power related to Salman's illegal asset accumulation. Subsequently, on August 29, the Bangladesh Financial Intelligence Unit (BFIU) ordered the freezing of bank accounts belonging to Salman, his son, and daughter-in-law.
Comments
The Anti-Corruption Commission (ACC) has dispatched letters to 63 banks and financial institutions, seeking information regarding allegations of corruption and illegal assets linked to Salman F Rahman, advisor on private industry and investment affairs to former Prime Minister Sheikh Hasina and vice chairman of Beximco Group.
The ACC has requested that all financial records and documents related to 17 companies owned by Salman and his family members be submitted within the next four working days.
The letters were sent from the ACC headquarters in Segunbagicha on Tuesday by the head of the investigation team, Deputy Director Md Manzur Alam, and team member Assistant Director Saddad Hossain. Additionally, the ACC has reached out to multiple institutions, including the Capital Development Authority, RAJUK, the Public Works Department, and sub-registrar offices.
According to the letters, Salman is accused of stock market fraud, manipulation of placement shares, and embezzling thousands of billions of taka from shareholders through deceitful practices. He is also alleged to have used illegal influence to misappropriate loans worth Tk 360 billion from both state-owned and private banks. To effectively investigate these allegations, the ACC has requested the necessary documentation.
Specifically, the ACC is seeking financial records related to Salman, his son Ahmed Shayan Fazlur Rahman, and his wife Syeda Rubaba Rahman, including personal and joint bank accounts, savings certificates, deposit pension schemes (DPS), loans, and credit card information for Beximco and its 17 associate companies. These companies include Adventure Garments Limited, Apollo Apparels Limited, Autumn Loop Apparels Limited, and several others.
Additionally, the ACC has requested bank account opening forms, Know Your Customer (KYC) forms, transaction profiles, and account statements from the accounts' inception up to October 31, as well as details about loan accounts.
Salman and former law minister Anisul Huq were arrested on August 13 at Dhaka's Sadarghat while allegedly attempting to flee by boat, a week after the government fell on August 5 in the wake of a mass uprising. They are implicated in a case filed at New Market Police Station concerning deaths and injuries during the quota reform movement on July 16, with police having conducted multiple remand interrogations.
Following the fall of the Awami League government, several cases have been initiated against its leaders and activists regarding allegations of violence and casualties during the student-public movement. The ACC has also commenced investigations into accusations of illegal asset accumulation and money laundering against these individuals.
On August 22, the ACC announced its decision to probe allegations of corruption and abuse of power related to Salman's illegal asset accumulation. Subsequently, on August 29, the Bangladesh Financial Intelligence Unit (BFIU) ordered the freezing of bank accounts belonging to Salman, his son, and daughter-in-law.
Comments
