The Anti corruption Commission (ACC) confiscated Mosaddek Ali Falu’s wealth worth Taka 343 crore on Thursday.
Talking to journalists, ACC spokesman and public relations officer Pranab Kumar Bhattacharya said its deputy director Gulshan Anowar Prodhan seized the wealth following a court order.
During the ACC’s probe, he said, the national anti-graft agency found that Falu accumulated illegal wealth worth Taka 343 crore.
On May 13, the ACC filed a case against Falu and three others under the Money Laundering Prevention Act, 2012 for siphoning Taka 183.92 crore off to Dubai.
According to the case statement, Falu in collusion with the three businessmen opened three offshore companies in Dubai in 2010 and siphoned off Taka 183.92 crore he amassed through illegal means. – BSS