The Anti-Corruption Commission (ACC) has filed a case against Mohammad Rezaul Alam, the former managing director of Eastern Refinery Ltd, on charges of allegedly amassing Tk2.25 crore and concealing asset information.
The case was filed by on Wednesday Sumitra Sen, assistant director of ACC’s Dhaka Integrated District Office-1.
According to the case statement, Rezaul Alam, was found to have concealed information regarding assets worth Tk967,591 out of a total Tk25,260,591 reported in his asset statement submitted to the ACC on March 31, 2022.
Additionally, the ACC’s investigation revealed evidence of assets worth Tk14,299,050 that are inconsistent with his known sources of income.
The case has been filed under sections 26(2) and 27(1) of the Anti-Corruption Commission Act, 2004.
According to the ACC, an investigation into Mohammad Rezaul Alam’s activities began in 2022.
The commission uncovered allegations of embezzling Tk40 crore through abuse of power from various institutions, which was used to acquire a luxurious three-story house in Dhaka and land in Chittagong, among other illicit assets.
On February 3, 2022, the ACC’s then-Assistant Director Mohammad Mahmudur Rahman issued a notice regarding the asset statement following the discovery of these illegal assets.
