Staff Reporter :
Imran Hossain, the chairman of Sadik Agro, has been arrested by the Criminal Investigation Department (CID) of the police in a case involving the money laundering of Tk 133 crore.
CID’s Special Police Superintendent, Jasim Uddin Khan, confirmed the arrest on Monday (March 3). He stated, “Imran has been arrested in connection with the money laundering case involving Tk 133 crore.”
Earlier, under the Money Laundering Prevention Act and regulations, the CID’s Financial Crime Unit had filed a case against Imran Hossain, Touhidul Alam Zenith, and the company Sadik Agro for money laundering involving Tk 133 crore.
Sadik Agro has been accused of violating government regulations through smuggling, fraud, and forgery. The company imported unapproved Brahma breed cattle and small-sized Bhutanese cattle through illegal channels, which were then sold in Bangladesh. The company also fraudulently marketed local cattle as foreign or pedigree cattle and sold them at high prices in sacrificial animal markets.
Additionally, Sadik Agro smuggled cattle and buffaloes from Thailand and Myanmar through the bordering areas of Teknaf and Ukhiya in Cox’s Bazar and sold them in Bangladesh.
It was found that Imran Hossain transferred nearly Tk 121 crore 32 lakh 15 thousand 144 through various bank accounts of the accused individuals and affiliated companies, which was earned illegally.
