ACC files 2 cases against Destiny chairman, MD, 20 others
Dhaka, July 31 (UNB) – The Anti Corruption Commission on Tuesday filed two money-laundering cases against Destiny 2000 Limited chairman Lt General (retd) M Harunur Rashid and managing director Rafiqul Amin and 20 others on charge of misappropriating investors’ money.
ACC deputy director Mozahar Ali Sarder filed one case with Kalabagan Police Station against 11 officials of Destiny 2000 Limited, including its chairman and managing director, under the Money Laundering Act 2012 for misappropriating Tk 2106,64,65,500 from Destiny Tree Plantation Limited (DTPL).
ACC assistant director M Towfiqul Islam filed another case with the same police station against 22 Destiny officials under the same act for embezzlement of Tk 1178,61,23,024 from the Destiny Multipurpose Cooperative Society Limited (DMCSL).
Briefing reporters at its headquarters, ACC deputy director Mozahar Ali Sardar said the DTPL authorities illegally collected Tk 2335,74,85,500 from people by selling 6,18,48,630 trees through a multilevel marketing between March 3, 2006 and April 2012.
The ACC in its investigation found Tk 229,10,20,000 in the DTPL and the Tk 2106,64,65,500 misappropriated in the name of salary, honorarium, dividend, commission, incentive and promotional cost, he said.
Towfiqul Islam said the Destiny Multipurpose Cooperative Society Limited authorities also embezzled Tk 1178,61,23,024 by transferring the public money to other non-profitable and non-operational companies of Destiny Group to make undue gains.
He said the ACC filed the second case against the Destiny officials for transferring money to other non-profitable and non-operational companies by violating the rules of Cooperatives Act.
After transferring of the money, the ACC officials said, there are now only Tk 56 lakh left in the bank account of the Destiny Multipurpose Cooperative Society Limited while only Tk 4.87 crore in the tree plantation project.
According to the ACC law, if the allegation of misappropriation is proved, the accused will have to pay money to the victims double than what they took from them, the ACC officials said.
ACC deputy director Mozahar Ali Sarder filed one case with Kalabagan Police Station against 11 officials of Destiny 2000 Limited, including its chairman and managing director, under the Money Laundering Act 2012 for misappropriating Tk 2106,64,65,500 from Destiny Tree Plantation Limited (DTPL).
ACC assistant director M Towfiqul Islam filed another case with the same police station against 22 Destiny officials under the same act for embezzlement of Tk 1178,61,23,024 from the Destiny Multipurpose Cooperative Society Limited (DMCSL).
Briefing reporters at its headquarters, ACC deputy director Mozahar Ali Sardar said the DTPL authorities illegally collected Tk 2335,74,85,500 from people by selling 6,18,48,630 trees through a multilevel marketing between March 3, 2006 and April 2012.
The ACC in its investigation found Tk 229,10,20,000 in the DTPL and the Tk 2106,64,65,500 misappropriated in the name of salary, honorarium, dividend, commission, incentive and promotional cost, he said.
Towfiqul Islam said the Destiny Multipurpose Cooperative Society Limited authorities also embezzled Tk 1178,61,23,024 by transferring the public money to other non-profitable and non-operational companies of Destiny Group to make undue gains.
He said the ACC filed the second case against the Destiny officials for transferring money to other non-profitable and non-operational companies by violating the rules of Cooperatives Act.
After transferring of the money, the ACC officials said, there are now only Tk 56 lakh left in the bank account of the Destiny Multipurpose Cooperative Society Limited while only Tk 4.87 crore in the tree plantation project.
According to the ACC law, if the allegation of misappropriation is proved, the accused will have to pay money to the victims double than what they took from them, the ACC officials said.
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