A court here today sent to jail Sadeeq Agro owner Imran Hossain in a case lodged over laundering of Tk 133 crore.
Dhaka Metropolitan Magistrate MA Azharul Islam passed the order as police produced the accused before the court and investigation officer Criminal Investigation Department (CID) inspector Sayedur Rahman pleaded to keep him behind the bars till the end of probe.
CID arrested Imran, notorious for importing prized cattle breeds on fake declaration and selling those on whopping price, on 3 March. CID financial crime unit filed the case against Sadeek Agro, its chairman Imran Hossain, Touhidul Alam Jenith for laundering Tk133 crore.
According to the case documents, Sadeek Agro is accused of importing banned Brahma cattle through forged documents, violating the government rules and regulations. It is also accused of smuggling in Bhutti cattle from Bhutan and Nepal and selling those here. Imran gained notoriety for demanding Taka 10 million for a Brahma bull, terming it a bull of high pedigree, imported from the United States.
He is also accused of collecting different cattle from the local markets or farm owners on deferred payment and selling those to his high profile clients on hefty price, tagging those as imported ones.
The CID said Imran has handed over or transferred his ill-gotten money of around Taka 121.32 crore through different bank accounts. He allegedly invested Taka 11.36 crore, which was amassed illegally, in Jalalabad Metal Limited and converted the black money.
