Sadeeq Agro owner Imran sent to jail in money laundering case
A Dhaka court today sent to jail Sadeeq Agro owner Imran Hossain in a case lodged over laundering of Tk133 crore.
Dhaka Metropolitan Magistrate MA Azharul Islam passed the order as police produced the accused before the court and investigation officer Criminal Investigation Department (CID) Inspector Sayedur Rahman pleaded to keep him behind the bars till the end of the probe.
The CID's financial crime unit filed the case against Sadeek Agro, its chairman Imran Hossain, Touhidul Alam Jenith for laundering Tk133 crore.
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According to the case documents, Sadeek Agro is accused of importing banned Brahma cattle through forged documents, violating the government rules and regulations.
It is also accused of smuggling in Bhutti cattle from Bhutan and Nepal and selling those here.
He is also accused of collecting different cattle from the local markets or farm owners on deferred payment and selling those to his high profile clients on hefty price, tagging those as imported ones.
The CID said Imran has handed over or transferred his ill-gotten money of around Tk121.32 crore through different bank accounts.
He allegedly invested Tk11.36 crore, which was amassed illegally, in Jalalabad Metal Limited.
