DHAKA: A Dhaka court on Wednesday (Jan 23) sentenced six persons including the managing director (MD) Mohammad Muntasir Hossain of multi-level marketing company Unipay2u 12 years’ jail each in a money laundering case.

The other convicts are--Chairman Md Shahiduzzaman Shahid, Executive Director Masudur Rahman, General Manager AM Jamshed Rahman, Advisor Monjurul Ehsan Chowdhury, and Director HM Arshad Ullah.

Judge Abu Syed Dilzar Hossain of Dhaka Special Judge Court-3 passed the order Wednesday (Jan 23).

Of the convicts, Md Shahiduzzaman Shahid, Masudur Rahman and Monjurul Ehsan Chowdhury have been absconding.  

The convicts were also fined Tk 702.41 crore.

Besides, Tk 420.14 crore was seized favoring the state.

The court also ordered to seize all the properties owned by Unipay2u and handled by the convicts, favoring the state.

Arrests warrant was issued against the fugitives.

On Jan 25, 2011, Anti-Corruption Commission (ACC) Assistant Director Towfiqul Islam, as a plaintiff, filed the case with Shahbagh Police Station over laundering Tk 1,351 crore.

BDST: 2032 HRS, JAN 23, 2019
SI/SMS