Allegation of 60 thousand crore rupees against Beximco, CID investigation started

The Criminal Investigation Department (CID) of the Police has started an investigation into allegations of embezzlement and trafficking of Tk 60 thousand 470 crore through individuals and institutions related to the interests of former Prime Minister Sheikh Hasina's industry and investment adviser Salman F Rahman's company Beximco Group.

This information was informed in the press release sent from the CID headquarters on Sunday (September 1).

It was informed that CID's Financial Crime Unit is starting an investigation against Beximco under the Money Laundering Act. Preliminary review shows that the Beximco Group has taken loans from 7 banks through fraud and fraud in the last 15 years and smuggled them abroad.

CID Special Superintendent of Police Azad Rahman said that Beximco Group received Tk 21,681 crore from Janata Bank, Tk 5,218 crore from IFIC Bank, Tk 295 crore from National Bank, Tk 5,671 crore from Sonali, Agrani and Rupali Bank and Tk 605 crore from AB Bank. 1000 470 Crore has taken a loan. In addition, there are allegations that Beximco Group has stolen Tk 27 thousand crore from the market through fraud and forgery in the last few years.

Those related to the investigation said that most of the money of Beximco Pharmaceuticals, established in joint investment in Saudi Arabia, was smuggled from Bangladesh through over invoicing, under invoicing and hundi. In view of the said complaint, CID's Financial Crimes Unit has initiated investigation in the name of Beximco Group and its related persons and institutions as per Money Laundering Act and Rules.

Bangladesh /KH