A Dhaka court on Monday sentenced influential contractor SM Golam Kibria Shamim also known as GK Shamim, to 10 years imprisonment in a money laundering case.
Judge Md Nazrul Islam of Dhaka's Special Judge Court-10 handed down the verdict.
GK Shamim's seven bodyguards were each sentenced to four years in jail.
After the verdict was pronounced, the judge said money launderers have no ideals.
Rapid Action Battalion (RAB) official Subedar Mizanur Rahman filed the case against GK Shamim on September 21, 2019, for laundering around Tk168 crore through FDR.
Criminal Investigation Department (CID) Additional Superintendent of Police Abu Sayeed filed the charge sheet in the case on August 4, making 26 people witnesses.
RAB on September 20, 2019, arrested Shamim and the others from his Niketon house and recovered eight firearms, FDR of Tk165 crore, Tk1.81 crore cash, large sums of foreign currencies and liquor.