The Appellate Division on Thursday upheld the High Court's order to acquit businessman Giasuddin Al Mamun, a close associate of BNP acting chairman Tarique Rahman, in a case filed for accumulating illegal wealth.
The Appellate Division's full bench headed by Chief Justice Syed Refaat Ahmed passed the order.
Sabbir Hamza Chowdhury, the lawyer for Giasuddin Al Mamun, said the High Court had acquitted Giasuddin Al Mamun of the charges.
On May 8, 2007, the Anti-Corruption Commission (ACC) filed a case at the Cantonment police station after Giasuddin Al Mamun failed to submit his wealth statement.
The ACC charged him with amassing illegal wealth worth over Tk 101.73 crore.
On March 27, 2008, the lower court sentenced Mamun to 10 years imprisonment with a fine of Tk 10 lakh.
When he appealed against that verdict in the High Court, a bench of Justices AKM Asaduzzaman and Abu Taher Md. Saifur Rahman acquitted Mamun on July 30, 2012.
The Anti-Corruption Commission (ACC) later filed a Leave to Appeal against the High Court verdict.
On November 1, 2015, the Appellate Division scrapped the High Court's acquittal verdict and ordered a re-hearing of the appeal in the case.
Gias Uddin Al Mamun acquitted in money laundering case
Gias Uddin filed an application for a review of the Appellate Division's order.
When the Appellate Division granted his review, he appealed and the appeal was granted today.