Court orders freezing 10 bank accounts of Gemcon Director Kazi Inam Ahmed

A Dhaka court has ordered the freezing of 10 bank accounts
belonging to Kazi Inam Ahmed, a director of Gemcon Group, following allegations
of corruption.
The order was passed today (15
April) by Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz following a
petition filed by the Anti-Corruption Commission (ACC), confirmed Bench
Assistant Md Riaz Hossain.
On behalf of the ACC, Assistant
Director and investigating officer AKM Mortuza Ali Sagar submitted the
application.
The bank accounts hold a total of Tk1.19 crore.
According to the application, Kazi
Inam Ahmed is accused of acquiring assets worth Tk32.66cr, which is
inconsistent with his known sources of income. The ACC has filed a case under
the Anti-Corruption Commission Act, alleging that a total of Tk74.78cr was transacted
in an unusual and suspicious manner through 14 bank accounts operated in his
name, involving transfer, conversion and movement of funds in what is suspected
to be money laundering.
The case is currently under
investigation. During the probe, authorities identified movable assets linked
to the accused.
Investigators also stated that
there is a risk that the accused may attempt to transfer or dispose of these
assets or leave Bangladesh to evade the law.
The application further said, "Therefore, freezing the assets deemed
necessary in the interest of the ongoing investigation."
















