Allegations of Embezzling Millions in Khaleda Zia’s Name: CID Files Case

The Criminal Investigation Department (CID) of Bangladesh Police has filed a case against an individual accused of defrauding millions of Taka by posing as a liaison officer for former Prime Minister and BNP Chairperson Khaleda Zia.

The case has been lodged under the Money Laundering Prevention Act against Motallech Hossain.

Details of the Allegations

According to a press release issued by the CID on Monday, 8 September:

• Bank Transactions: Evidence has been found showing transactions amounting to approximately BDT 20 crore in bank accounts opened in Motallech Hossain’s name.
• Non-existent Company: Motallech Hossain operated an entity named M L Trading, which exists only on paper. Although it had a trade licence, no actual business operations were conducted.
• False Identities: He reportedly posed alternately as a garment factory owner, tea plantation entrepreneur, or contractor to establish connections with influential individuals.
• Misappropriation of Funds: Exploiting Khaleda Zia’s ill health, he allegedly collected nearly BDT 15 crore from BNP-affiliated individuals and embezzled the funds.

Legal Actions

• Asset Seizure: More than BDT 5 crore from Motallech Hossain’s various accounts has been seized by court order.
• Filing of Case: On Sunday afternoon, a case (No. 19) was filed at Pallabi Police Station, Dhaka, under the Money Laundering Prevention Act, 2012.
• Accused Individuals: The case names Motallech Hossain as the primary accused, along with two to three unidentified persons.

This case highlights the ongoing efforts of the CID to crack down on financial fraud and embezzlement, particularly involving the misuse of prominent political figures’ names for illicit gain.