The Anti-Corruption Commission on Thursday confiscated wealth worth Tk 343 crore of Bangladesh Nationalist Party leader Mohammad Mosaddak Ali.
The commission deputy director Gulshan Anowar Prodhan seized the wealth following a court order, said ACC public relations officer Pranab Kumar Bhattacharjee.
On May 13, the commission filed a case against the former member on BNP chairperson Khaleda Zia’s advisory council under Money Laundering Prevention Act for siphoning off Tk 183.92 crore to Dubai.
During investigation of the case, the commission found another Tk 343 crore wealth allegedly accumulated illegally by him, the commission officials said.
According to the commission’s finding, Mosaddak along with three other businessmen, opened offshore companies—Al Madina International Ltd, Tri Star Ltd and Development EUE— in Dubai in 2010.
Through this, they siphoned off Tk 183.92 crore amassed through illegal means from the country.
The commission said it froze Mosaddak’s shares in Roza Properties Limited, Rakhen Development Company BD Ltd, Roza Entertainment FZE Limited, Roza Investment LLC Limited, and an account with IFIC Bank Limited’s Kawran Bazar branch.
It also confiscated 22.53 decimal commercial plot worth Tk 50 crore situated in Kakrial area in the capital.
News Courtesy: www.newagebd.net