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Bangladeshi court sentences ex-Army chief, 18 others to 12-yr imprisonment

Business Standard LogoBusiness Standard5h ago

Bangladeshi court sentences ex-Army chief, 18 others to 12-yr imprisonment - Business Standard

Quick Summary:

The Dhaka Special Judge Court-4 sentenced former army chief Lieutenant General (Retd) Rashid and Rafiqul Amin, managing director of Destiny Multipurpose Co-Operative Society Limited to 12-year imprisonment each in a case lodged over embezzlement and money laundering.

A Bangladeshi court on Wednesday sentenced former army chief Harunur Rashid and 18 others to 12 years of imprisonment and also slapped fines worth more than Tk 4,500 crore for embezzlement and money laundering.

A court official said Judge Md Rabiul Alam simultaneously fined them Tk 4,515.57 crore (USD 1=Tk 120.93), an amount double to what they were accused of misappropriation involving the MLM company or network business firm.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 21:30:54 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 368 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25179358

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Official Website: business-standard.com

Update Frequency: 371 posts per day

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News Last Updated: 2 hours ago

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