On November 3, 2013, Anti-Corruption Commission (ACC) director Iqbal Hossain filed a case with the New Market police station on the charges of misappropriating money worth Tk15 crore 33lakh
A Dhaka court on Monday awarded Bismillah Towels Managing Director Khaza Solaiman Anwar Chowdhury; his wife and Chairman Nowrin Hasib and seven others, 10 years imprisonment and fined Tk30 crore 67lakh,in a money laundering case filed with New Market police station in 2013.
The other convicted seven are--Directors Shafiqul Anwar Chowdhury, Deputy General Manager and authorized signatory Akbar Aziz Muttaki, General Manager (commercial) Abul Hossain Chowdhury, Manager (commercial) Riaz Uddin Ahmed, Network Freight System Limited Chairman M Akhter Hossain and Janata Bank officials Mostak Ahmed Khan and SM Soaib-Ul- Kabir.
Judge Md Atabullah of the Dhaka Special Judges Court-10 pronounced the verdict to all the accused in absentia and issued arrest warrants against them.
The court further said the punishment of the fugitives will be effective from the day of their arrests or surrender.
On November 3, 2013, Anti-Corruption Commission (ACC) director Iqbal Hossain filed a case with the New Market police station on the charges of misappropriating money worth Tk15 crore 33lakh.
Later, a charge sheet wassubmitted accusing the eight in 2015.
The court recorded depositions of 24 witnesses in the case.
On November 3, 2013 the ACC filed 12 cases with Motijheel, New Market and Ramna police stations against 53 officials of five banks and the Bismillah Group, a terry towel producer, for their alleged involvement in the embezzlement of funded loans worth over Tk9.9bn.
The list of the accused included 13 people from Bismillah Group, 12 Janata Bank officials, eight Prime Bank officials, seven Premier Bank officials, five Jamuna Bank officials and eight Shahjalal Islami Bank officials.