Coco-laundered money reclaimed: ACC

The Anti-Corruption Commission (ACC) on Thursday claimed that the money BNP chief Khaleda Zia's younger son Arafat Rahman Coco had laundered to Singapore has been brought back.

bdnews24.com
Published : 22 Nov 2012, 08:55 AM
Updated : 22 Nov 2012, 08:55 AM

The Anti-Corruption Commission (ACC) on Thursday claimed that the money BNP chief Khaleda Zia's younger son Arafat Rahman Coco had laundered to Singapore has been brought back.

ACC Chairman Ghulam Rahman told journalists 20,41,000 Singapore Dollars were brought back to an ACC account with the Sonali Bank's Ramna Corporate Branch.

The disclosure comes as a serious blow to Khaleda's recent comment that her sons were innocent.

Addressing a regular press briefing in Dhaka, Rahman said this was the first time Bangladesh had received laundered money back following steps taken by the Commission.

He said the move to bring back 9,36,000 US Dollars laundered by Coco was on.

Coco was convicted for laundering the money to Singapore between 2004 and 2006, during the tenure of the immediate-past BNP-Jamaat-led government. He was said to have laundered the money to the United Overseas Bank in Bangladeshi currencies.

Besides getting six year imprisonment, Coco was also slapped a Tk 388.3 million fine.