CID has filed 17 cases against 28 persons including Beximco Group leader Salman F Rahman for allegedly laundering 83 million US dollars (about Tk 1000 crore) abroad through money laundering under the guise of export trade.
This information was informed in a press release of the CID headquarters on Wednesday (September 18). According to the notification, the CID’s investigation conducted under the Anti-Money Laundering Act and Rules of Salman F Rahman (Founder Vice Chairman of Beximco Group) and his brother ASF Rahman (Chairman of Beximco Group) from a total of 17 companies owned by Beximco Group from 2021 to 2024. From Janata Bank Plc Local Office Branch, Dilkusha, Motijheel at various times, 93 LC/Sales Contracts (Sales Contracts) were accepted and exported goods against which the export value of about US$ 83 million (about Tk. Preliminary evidence of smuggling abroad has been found.
It can be seen from the review of the records obtained in the search, 1. Adventure Garments Limited, 2. Apollo Apparels Limited, 3. Autumn Loop Apparels Limited, 4. Bextex Garments Limited, 5. Cosmopolitan Apparels Limited, 6. Cozy Apparels Limited, 7. Aces Fashion Limited, 8. International Knitwear and Apparels Limited, 9. Kanchpur Apparels Limited, 10. Midwest Garments Limited, 11. Peerless Garments Limited, 12. Pink Maker Garments Limited, 13. Platinum Garments Limited, 14. Skynet Apparels Limited, 15. Springful Apparels Limited, 16. Urban Fashions Limited and 17. Winter Sprint Garments Limited exports about 83 million US dollars (about 1000 crores in Bangladeshi currency) worth of goods to various countries including the United Arab Emirates.
According to the existing laws of Bangladesh, despite the obligation to repatriate the export value within 4 months after exporting the goods, the allegation of smuggling the money abroad by Salman F. Rahman and other stakeholders of Beximco Group without repatriating the export value to Bangladesh on time has been proven.
Most of the products exported abroad are exported to Sharjah, UAE and Saudi Arabia by RR Global Trading (FZE), jointly owned by Salman F Rahman’s son Ahmed Shayan Fazlur Rahman and ASF Rahman’s son Ahmed Shahriar Rahman. . Besides, they have smuggled the goods to different countries including Germany, Netherlands, UK, Turkey, Sri Lanka without bringing the price to Bangladesh.
The notification further states that the accused have conspired to export goods to their own interests under the guise of foreign trade and deliberately not repatriate the export price, and commit the offense under Sections (14) and (26) of the Prevention of Money Laundering Act, 2012, which are the same. A punishable offense under Section 4(2)/4(4) of the Act. Salman F Rahman and his accomplices used their personal influence to launder money abroad with the help of organized crime gangs. As evidenced in the investigation, Financial Crimes, CID, Motijheel Police Station, DMP have registered 17 cases.
Apart from this, separate investigations are ongoing in the Financial Crimes, CID, against Salman F. Rahman and his related company Beximco Group in the name and anonymity of various institutions of Tk 33,470 crores by taking loans abroad and other financial irregularities.