ACC sues AL leader Rashid Shikdar over Tk 70m illegal wealth

The Anti-Corruption Commission (ACC) has approved a case against Abdur Rashid Shikdar, general secretary of the Awami League's Louhajang upazila unit, for allegedly accumulating Tk 70.2 million in wealth beyond known income sources.
According to the ACC, Deputy Assistant Director Md Faruk Hossain filed the case under Section 27(1) of the Anti-Corruption Commission Act, 2004.
Rashid Shikdar-who also holds positions in national and Asian hockey bodies and operates several businesses, including Louhajang Trade International Ltd, Noor Business Line, Nutri Fresh Dairy Farm, and Nutri Fresh Poultry Farm-submitted his wealth statement to the ACC on 7 February 2021, declaring assets worth Tk96.6 million.
However, during verification, the ACC found Tk93.6 million in assets registered under his name, excluding those of his wife.
Investigators also calculated his family expenditure at Tk8.91 million. Combining the assets and expenditure, his total wealth and expenses stood at Tk102.5 million.
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In contrast, the ACC found his total legal income, including liabilities, to be Tk 32.3 million.
This leaves an unexplained gap of Tk70.2 million, which the ACC considers illegal wealth beyond known sources.
The commission said the findings clearly show that Shikdar possessed assets far above his legal income, leading to the approval of the corruption case.
Shikdar, son of late Noor Hossain Shikdar, is from Maizgaon village under Baultoli union in Louhajang upazila, Munshiganj. He currently lives in Shyampur, Dhaka.