Staff Correspondent: A Dhaka Court has sentenced Giasuddin Al Mamun to seven years of imprisonment and fined him Tk12 crore for money laundering.
Judge Abu Syed Diljar Hossain of Special Judge Court- 3 of Dhaka passed the order on Wednesday noon.
Earlier on April 8, the court fixed today for delivering the verdict after concluding the hearing from both sides.
According to the case statement, Giasuddin Al Mamun took Tk6.57 crore illegally following a railway signaling tender in between 2003 to 2006. Later, he siphoned off the money to London’s NatWest Bank.
On September 22, 2011, the Anti-Corruption Commission (ACC) Assistant Director Mohammad Ibrahim filed the case against Mamun, with the Cantonment police station on charge of money laundering.
The ACC submitted a charge sheet to the Chief Metropolitan Magistrate’s Court in Dhaka on April 29, 2012, alleging that Mamun had siphoned off the money.
risingbd/Dhaka/Apr 24, 2019/Mamun Khan/Nasim