On Thursday, the ACC summoned 15 accused, including former national cricket team captain and Awami League lawmaker Shakib Al Hasan, for questioning on November 25 and 26 in a case filed over stock market manipulation, illegal transactions, and money laundering.
ACC Director General Md Akhter Hossain disclosed the information to the journalists during a regular media briefing at the commission headquarters in the city’s Segunbagicha area.
The case was filed on June 17 under Section 4 of the Money Laundering Prevention Act-2012, Section 5(2) of the Corruption Prevention Act-1947 and Sections 409/420/467/468/120B/109 of the Bangladesh Penal Code.
The ACC has issued notices to all 15 accused to appear for questioning in phases as part of the ongoing investigation. The former MP, Shakib Al Hasan, has been asked to appear at the ACC headquarters at 10:00 am on November 26 to give his statement.
The prime accused in the case is Md. Abul Khair (Hiru), a deputy registrar at the Department of Cooperatives.
According to the ACC, Abul Khair broke the law by manipulating the market for his own benefit through dishonest trading practices and risky speculation using his own linked accounts.
By artificially inflating share prices, he lured general investors into the market. The ACC alleged that this caused a total loss of Taka 256,977,030,404 to investors.
The complaint further stated that Abul Khair transferred Tk 29,944,2185, allegedly gained through market manipulation, to different channels with the help of his wife, Kazi Sadia Hasan, in an attempt to conceal the source of the funds. Additionally, we detected suspicious transactions worth about Tk 542,315,19,822 in 17 bank accounts belonging to Abul Khair.
