CID sues Rongdhonu Group Chairman Rafiqul for ‘laundering’ Tk 8.78bn

Court freezes 13 bank accounts and Jamuna Future Park property in the CID-led case

The Criminal Investigation Department has started a case against Rongdhonu Group Chairman Rafiqul Islam and his associates on charges of laundering Tk 8.78 billion.

A CID media statement on Thursday said a court has ordered the attachment of 13 bank accounts of the suspects, as well as 100,000 square feet of commercial space at Jamuna Future Park, as part of the investigation.

The case follows a probe under the Money Laundering Prevention Act, which found that Rongdhonu Builders Private Limited acquired land from private owners or via power of attorney, then sold it under false pretences, the statement said.