Ex-secy, wife, son sued over Tk 400m money laundering

The Criminal Investigation Department (CID) of police has filed a case against former secretary and former executive member of the Bangladesh Investment Development Authority (BIDA) Md Khairul Islam (Mannan), his wife and son over allegations of laundering Tk 400 million, reports UNB.
The case was filed with Gulshan Police Station of Dhaka Metropolitan Police (DMP) against Khairul Islam (Mannan), his wife Israt Jahan Mim and their son Morsalin Islam Sourdip after primary findings revealed their alleged involvement in fraud and money laundering in collusion with each other.
Primary investigation found that two shell companies-Meghmala International Ltd in the name of Israt Jahan Mim and Meghmala Estate Ltd in the name of Morsalin Islam Sourdip-were established.
Through these entities, loans of Tk 200 million each, totaling Tk 400 million, were taken from the Gulshan branch of First Security Islami Bank PLC in 2012 through fraud and forgery.