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Bangladesh

High Court Acquits Shamim of 10-Year Sentence in Tk 195 Crore Money Laundering Case

Khabor Wala Desk

Published: 7th August 2025, 3:29 PM

High Court Acquits Shamim of 10-Year Sentence in Tk 195 Crore Money Laundering Case
Photo: Collected

Former expelled Jubo League leader and contractor G K Shamim, who was sentenced to ten years imprisonment for laundering Tk 195 crore involving Singapore and Malaysia, has been acquitted by the High Court.

On Thursday, 7 August, a bench of the High Court comprising Justice A S M Abdul Mobin and Justice Md. Jabid Hossain delivered the verdict following the hearing of his appeal.

Case Background and Timeline

Date Event
20 September 2019 G K Shamim was arrested by the Rapid Action Battalion (RAB) on allegations of extortion and tender manipulation.
4 August 2020 The Criminal Investigation Department (CID) filed charges against Shamim for money laundering.
10 November 2020 A Dhaka court framed charges and commenced trial against Shamim and seven of his bodyguards.
17 July 2023 Dhaka court sentenced G K Shamim and his seven bodyguards to ten years in prison for money laundering.
7 August 2024 High Court acquitted Shamim after hearing his appeal.

 

Additional Details

Alongside Shamim, seven of his bodyguards were also accused and initially sentenced to ten years’ imprisonment. The case centred on allegations of laundering Tk 195 crore involving transactions in Singapore and Malaysia.

The High Court’s acquittal overturns the lower court’s conviction, releasing Shamim from the ten-year sentence.

This ruling marks a significant development in the high-profile money laundering case that has drawn considerable attention in recent years. Further details on the judgement and its implications are awaited

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