Manjur Alam Sikdar, the Chairman of the e-commerce company Alesha Mart, was arrested on Saturday night in the Banani area of Dhaka on charges of fraud and money laundering.
Police presented Manjur Alam Sikdar in court today, facing over a hundred warrant cases, said Rifat Rahman Shamim, Deputy Commissioner of the Dhaka Metropolitan Police's Gulshan Division.
Police said that more than a hundred cases were warranted against him, filed by customers.
On 16 May last year, a case was filed under the Money Laundering Act, 2012, against him and four others from Alesha Mart with the Banani Police Station.
On 21 June, 2023, a Dhaka Court ordered the freeze of all properties belonging to Alesha Mart and prohibited four individuals, including the company Chairman Monjurul Alam Shikder, from traveling abroad.
The Criminal Investigation Department (CID) has accused him of laundering over Tk421 crore from four private banks.
Despite declaring an income of only Tk13.9 lakh for the 2020-21 financial year, the e-commerce chairman purchased assets worth Tk31 crore between January 31 and August 25, 2021.
