Sadeeq Agro Owner Imran Hossain Sent to Jail in Tk 133 Crore Money Laundering Case

A Dhaka court has sent Sadeeq Agro owner Imran Hossain to jail today (March 4) in connection with a money laundering case involving Tk 133 crore.

Dhaka Metropolitan Magistrate MA Azharul Islam issued the order after police produced Imran before the court. The investigation officer, Criminal Investigation Department (CID) inspector Sayedur Rahman, requested that he remain in custody until the probe is completed.

Imran was arrested by CID on March 3 for allegedly importing prized cattle breeds using fraudulent declarations and selling them at exorbitant prices. The CID’s financial crime unit has filed a case against Sadeeq Agro, its chairman Imran Hossain, and his associate Touhidul Alam Jenith for laundering Tk 133 crore.

According to case documents, Sadeeq Agro is accused of illegally importing banned Brahma cattle using forged documents, in violation of government regulations. Imran gained notoriety for allegedly demanding Tk 10 million for a single Brahma bull imported from the United States.