Two businessmen get 15 years' jail
A Dhaka court yesterday sentenced two businessmen to 15 years' imprisonment in a case filed over embezzlement of over Tk 17.38 crore by opening a fake enterprise.
Convicts Om Prakash Chowdhury alias Om Prakash Agarwal and Hare Krishna Shaha, chairman and managing director respectively of M/S HB Apparels, laundered the sum by taking loan from Dhaka Bank Ltd of Motijheel Branch under the banner of a fake enterprise.
Special Judge for Dhaka Division Mizanur Rahman Khan also fined both of them Tk 10.20 crore, in default of which they will face additional two years and six months of prison term.
Both of the convicts are now on the run. The punishment of the fugitives will be effective from the day of their arrest or surrender.
The court acquitted two other directors of the enterprise -- Khondaker Nasir Hassan and Narayan Chandra Bhowmik -- as charges brought against them were not proved.
Now-defunct Bureau of Anti Corruption Commission filed the case with the Motijheel Police Station on June 1, 2003 accusing four people over the embezzlement.
The charge sheet in the case was submitted by Anti-Corruption Commission (ACC) on February 23, 2004 against 13 people including the four accused in the case.
Charges were framed on September 8, 2005 against four people. Nine others were relieved from the charges.
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