Rangdhanu Group chief Rafiqul sued for laundering Tk 8.78b

The Criminal Investigation Department (CID) has filed a money laundering case against five individuals, including chairman of Rangdhanu Group Rafiqul Islam, on charges of laundering money amounting to TK 8.78 billion, reports BSS.

The CID filed the case under Section 4(2)(4) of the Money Laundering Prevention Act, 2012 with Gulshan Police Station on Thursday following an investigation, Special Superintendent of Police of CID (Media), Jasim Uddin Khan said.

The CID has attached around TK 17o million in 13 bank accounts and 100,000 square feet of commercial space at Level 02 of the Jamuna Future Park upon a court order, he said.

During the investigation, the CID came to know that Rangdhanu Builders Private Ltd. purchased land from various persons or obtained power of attorney and sold it.