Salman F Rahman arrested in 4 new cases

Staff Reporter :

Former private industry and investment adviser to ex-prime minister Sheikh Hasina, Salman F Rahman, has been formally shown arrested in four Anti-Corruption Commission (ACC) cases centering on massive irregularities and corruption in the banking sector.

The order came on Thursday (28 August) from Acting Judge Ibrahim Mia of the Dhaka Metropolitan Senior Special Judge’s Court, following separate petitions submitted by the ACC.
According to case documents, the allegations against Salman involve:
Securing Tk496 crore in illegal loans through fake companies,
Embezzling Tk34 crore and laundering Tk76.39 crore,
Obtaining Tk618 crore in loans under fictitious entities, and
Misappropriating Tk146.82 crore in loans along with laundering Tk113.41 crore through nominal companies. Salman was produced in court from jail during the hearing. After the order, he was sent back to custody.

He had earlier been arrested on 13 August 2024 at Sadarghat, Dhaka, while allegedly attempting to escape via waterways, based on intelligence information.

Since then, he has been remanded in multiple cases, including several linked to the Anti-Discrimination Student Movement, and has remained incarcerated.
The ACC maintains that the four banking-related cases expose one of the most significant instances of financial misconduct in recent years, involving hundreds of crores in state losses.