ACC files case against ex-home minister Mohiuddin Khan Alamgir, six others

The Anti-Corruption Commission (ACC) has filed a case against former Home Minister and former Chairman of Farmers Bank Limited (now Padma Bank PLC), Mohiuddin Khan Alamgir, along with six others for alleged embezzlement and money laundering involving a substantial amount of money.

The case was registered by ACC's Deputy Director Syed Ataul Kabir at the agency's integrated district office in Jamalpur on October 23.

The ACC briefed the media about this at a press conference at its headquarters on Wednesday.

According to the case details, the accused are charged with conspiring to misappropriate Tk 88.6 million from Farmers Bank under the guise of loans, as well as engaging in money laundering activities.

The other defendants in the case include Rashedul Haque Chishti, the owner of RCL Plastic Industries, along with Mohammad Faruk, Hiran Rahman, Ibrahim Khan, Masudur Rahman Khan (the head of the Jamalpur Baksiganj branch of Farmers Bank), and former assistant officer Mohammad Fakhruzzaman.

The case report alleges that Mohiuddin Khan Alamgir opened a bank account in the name of a non-existent company, using a fake address to commit fraud. This account was operated under deceptive practices, resulting in deposits exceeding Tk 80 million from September 2014 to July 2020 across various branches of the bank.

Furthermore, the report indicates that the accused collaborated to disguise the illegal nature, origin, location, ownership, and control of the illicit income through suspicious transactions.

Consequently, they are accused of committing offences punishable under money laundering prevention laws by concealing, transferring, converting, and hiding the embezzled Tk 88.6 million (excluding interest) from the former Farmers Bank.

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