Saturday, 22 February, 2025
The Anti-Corruption Commission, or ACC, has sought 10 days to question Shibli Rubaiyat Ul Islam, former chairman of the Bangladesh Securities and Exchange Commission, or BSEC, in a bribery case, and Golam Md Alamgir, chairman of Max Group, in a case involving the acquisition of illegal wealth.
The duo was presented before the Dhaka Metropolitan Senior Special Judge's Court in Dhaka on Wednesday, where the national anti-graft agency filed its remand plea.
Meanwhile, the lawyers of the accused applied for bail.
Judge Zakir Hossain Galib sent Shibli and Alamgir to jail and set the remand hearing for Thursday.
ACC Public Prosecutor Mahmud Hossain Jahangir said, "As the defence lawyers did not provide proper documents for the remand cancellation and bail applications, the court has scheduled the hearing for Thursday."
Police arrested Shibli Rubaiyat in Dhaka’s Dhanmondi on Tuesday night.
The following day, ACC Deputy Director Md Masudur Rahman filed a case against him, accusing him of accepting a bribe of Tk 37.6 million in exchange for securing a brokerage house license for Monarch Holdings Limited.
The other accused are Javeed A Matin, chairman of Monarch Holdings Inc; Ariful Islam, owner of Xin Bangla Fabrics; Israt Jahan, FAVP of Mutual Trust Bank; Mir Iqbal Hossain, vice president and branch operations manager of the same bank; and Syed Mahbub Morshed, SEVP of the Audit and Inspection Department and former branch manager of the bank.
According to the case statement, Shibli received a bribe of Tk 19.2 million, or about $226,308, by showcasing a fake house rent agreement.
In addition, he was charged for allegedly taking Tk 18.4 million in bribes, misusing the goods export strategy through fake sale contracts.
Max Group chief Alamgir was arrested on Tuesday night at Dhaka Airport. The ACC brought charges against him on Feb 4.
In the First Information Report or FIR, the graft watchdog said Alamgir had amassed assets worth Tk 813.96 million, including family expenses.
In contrast, his legitimate income was found to be Tk 535.33 million. This indicates that he acquired assets worth nearly Tk 278.62 million, which is inconsistent with his reported income.
In 2023, the ACC began investigating allegations of money laundering and irregularities linked to Alamgir.
Comments
The Anti-Corruption Commission, or ACC, has sought 10 days to question Shibli Rubaiyat Ul Islam, former chairman of the Bangladesh Securities and Exchange Commission, or BSEC, in a bribery case, and Golam Md Alamgir, chairman of Max Group, in a case involving the acquisition of illegal wealth.
The duo was presented before the Dhaka Metropolitan Senior Special Judge's Court in Dhaka on Wednesday, where the national anti-graft agency filed its remand plea.
Meanwhile, the lawyers of the accused applied for bail.
Judge Zakir Hossain Galib sent Shibli and Alamgir to jail and set the remand hearing for Thursday.
ACC Public Prosecutor Mahmud Hossain Jahangir said, "As the defence lawyers did not provide proper documents for the remand cancellation and bail applications, the court has scheduled the hearing for Thursday."
Police arrested Shibli Rubaiyat in Dhaka’s Dhanmondi on Tuesday night.
The following day, ACC Deputy Director Md Masudur Rahman filed a case against him, accusing him of accepting a bribe of Tk 37.6 million in exchange for securing a brokerage house license for Monarch Holdings Limited.
The other accused are Javeed A Matin, chairman of Monarch Holdings Inc; Ariful Islam, owner of Xin Bangla Fabrics; Israt Jahan, FAVP of Mutual Trust Bank; Mir Iqbal Hossain, vice president and branch operations manager of the same bank; and Syed Mahbub Morshed, SEVP of the Audit and Inspection Department and former branch manager of the bank.
According to the case statement, Shibli received a bribe of Tk 19.2 million, or about $226,308, by showcasing a fake house rent agreement.
In addition, he was charged for allegedly taking Tk 18.4 million in bribes, misusing the goods export strategy through fake sale contracts.
Max Group chief Alamgir was arrested on Tuesday night at Dhaka Airport. The ACC brought charges against him on Feb 4.
In the First Information Report or FIR, the graft watchdog said Alamgir had amassed assets worth Tk 813.96 million, including family expenses.
In contrast, his legitimate income was found to be Tk 535.33 million. This indicates that he acquired assets worth nearly Tk 278.62 million, which is inconsistent with his reported income.
In 2023, the ACC began investigating allegations of money laundering and irregularities linked to Alamgir.
Comments
