Bashundhara Group
Court orders to confiscate properties held abroad by Bashundhara Group chairman, 7 family members
A Dhaka court on Tuesday ordered the confiscation of the properties of Bashundhara Group Chairman Ahmed Akbar Sobhan and seven members of the family, worth Tk 143 crore in foreign countries.
Dhaka Metropolitan Session Judge Md Zakir Hossain passed the order on November 21 following a petition filed by the Anti-Corruption Commission (ACC).
The other members of the family are—Afroza Begm, wife of Akbar Sobhan, her three sons—Sayem Sobhan Anvir, Safiat Sobhan and Safwan Sobhan, three daughters-in-law---Sabrina Sobhan, Sania Ferdousi Sobhan and Yasha Sobhan.
The ACC informed that they have movable and immovable property worth Tk 143 crore and they have properties in foreign countries.
According to the ACC investigation report, the accused have taken bank loans from the bank in the name of different companies and a portion of the amount of money used to purchase assets in foreign countries.
They also invested the money in 19 companies in different countries.
Bangladesh Bank approves Tk 3,000 crore low-interest loan for ICB
Mir Ahmed Salam, Public Prosecutor said the court asked to send the copy of the court order to the company concerned in Singapore, Switzerland, UK, UAE, Slovakia, Cypress, Saint Kitts and Nevis and British Virgin.
Apart from it, it also asked to submit the same copy to the Home Ministry, ACC and Bangladesh Financial Intelligence Unit (BFIU).
Bashundhara MD Anvir got citizenship of Slovakia after investing 30 lakh Euro and Yasha Sobhan got the citizenship of Cypress in exchange of 20 lakh Euro while Akabr and his wife Afroza got the citizenship of Saint Kitts and Nevis in exchange of 2.5 crore dollar.
ACC also found that Safwan and Sonia Ferdousi opened accounts in the UAE’s Habib Bank and Cypress’s Euro Bank.
On October 21, the court also imposed a travel ban on the Bashundhara Group chairman and his family members.
On October 6, the court also ordered the property of them.
2 weeks ago
Bashundhara Group wins bid to supply 8 million MT of coal to Rampal power plant
Bashundhara Group has won the bid to supply 8 million tonnes of coal to the Rampal coal-fired power plant.
According to official sources, three companies submitted bids to supply the coal.
“Bashundhara came out as the lowest bidder offering $232.33 per MT of coal under the index of ICI-2 to reach the product up to the jetty of the power plant”, a top official of the Bangladesh-India Friendship Power Company (Pvt.) Ltd., (BIFPCL), told UNB.
The BIFPCL invited the tender a few months back and three companies—local Bashundhara, Akij and Dubai-based Commodity First--submitted their respective bids to win the coal supply contract.
The bids were opened on Monday and Bashundhara became the first lowest offering the coal price at $232.33 per MT while Commodity First became the second lowest with its offer to supply coal at $234 per MT while Akij Group offered the coal price at $282 per MT.
Also read: Rampal Plant starts electricity production, 660MW from unit-1 added to nat’l grid
Earlier, Bashundhara Group had won the first bid as well to supply a limited 300,000 MT of coal for the 1320 MW Maitree Super Thermal Power Plant (2X660 MW) at Rampal of Southern Bagerhat district.
At that time, its joint venture consisted of two subsidiaries—Bashundhara Food and Beverage Industries Ltd. (BFBIL) and Bashundhara Multi Trading Limited (BMTL)—participated in the international tender of the BIFPCL and won the tender.
The Maitree super thermal power project, known as Rampal power plant, was constructed by the Bangladesh-India Friendship Power Company (BIFPCL), a 50:50 joint venture between the Bangladesh Power Development Board (BPDB) and National Thermal Power Corporation (NTPC)., started test operation on December 23 last year.
The BPDB represents the Bangladesh government in the joint venture while NTPC represents the Indian central government.
Dhaka and Delhi made a decision to build the plant under joint venture in 2010 and it took about 13 years to set up the plant.
The BPDB will purchase the entire output of the plant under a 25-year power purchase agreement (PPA). But BPDB is yet to confirm its commercial operation date (COD).
The COD will start once the BPDB is satisfied with its non-stop performance as per the agreement.
When contacted BIFPCL’s chief procurement officer (CPO) Ziaur Rahman informed that the 8 million MT of coal will meet the 3 years requirement of the power plant with two units in operation.
He said the coal will be unloaded either in Chattogram port or in Mongla Port depending on the available facilities and then it will be transported to the plant’s jetty through small ships each having 3000 MT to 5000 MT capacity.
The official informed that the coal will be imported from Indonesia.
According to Bashundhara Group, the local conglomerate, Bashundhara Multi Trading started its journey in 2018 to supply high-quality coal and stones for public-private projects.
The company has become a leading venture in the sector through establishing a strong supply chain network with its services and transportation system, said the Bashundhara website.
END/UNB/SH/JA
1 year ago
Women's Football: Cumilla United beat Jamalpur Kacharipara by 3-0 goals
Cumilla United Club earned a facile 3-1 goals victory over Jamalpur Kacharipara Akadosh in the Bashundhara Group Women's Football League' 2021-22 at the Bir Shreshta Shaheed Shipahi Mohammad Mustafa Kamal Stadium in Kamalapur on Sunday.
Rima scored first for Cumilla United in the 38th minute (1-0), Roaja sounded the margin in the 65th minute (2-0) while Machaiu Marma sealed the fate of the match scoring the 3rd goal for Cumilla United in the 85th minute (3-0).
Read: Indy Cup Football: Bashundhara Kings to play Sheikh Russell KC in final Monday
The day's other league match between FC Brahmanbaria and Nasrin Sports Academy ended in 1-1 draw at the same venue Sunday afternoon.
Simi put Nasrin Sports Academy ahead in the 29th minute (1-0) while Sagorika leveled the margin for FC Brahmanbaria in the 83rd minute (1-1).
2 years ago
Football League: BG Press beat Little Friends Club 2-0
BG Press Sports & Recreation Club beat Jabid Ahsan Sohel Krira Chakra by 2-0 goal in the Bashundhara Group Metropolis 2nd Division Football League at the Kamalapur Stadium here on Wednesday.
Shohag Babu Marma and Nayeem Imam scored one goal each for BG Press, one in each half.
Read:Football League : Mugda SKKS beat PWD SC by1-0 goal
In the day's another league match, Khilgaon Football Academy earned 2-1 goal victory over Little Friends Club at the same venue on Wednesday.
Shamim Babu and Arman Khan scored for the winners, one in each half while Yamin Rana netted the lone goal for the losers in the first half.
The day's other league match, Gouripur Sporting Club defeated Siddikbazar Dhaka Junior Sporting Club by a solitary goal scored by Omar Faruk Antor in the first half.
2 years ago
Munia's death: Bashundhara MD among 8 sued over ‘rape, murder’
A rape and murder case was filed on Monday against Bashundhara Group Managing Director Sayem Sobhan Anvir and seven others over the death of college student Mosarat Jahan Munia in her Gulshan apartment in April this year.
The seven other accused are: Bashundhara Group's Chairman Ahmed Akbar Sobhan Shah Alam, Shah Alam's wife Afroza Begum; Anvir's wife Sabrina Sayem; Faria Mahbub Piyasha; Saifa Rahman Mim; landlord of the flat where the victim was staying, Ibrahim Ahmed Ripon and his wife Sharmim Akhter.
Munia's sister Nusrat Jahan Tania filed the case with Dhaka's 8th Tribunal for Prevention of Women and Children's Repression.
Read: Munia's death: Court accepts IO's final report clearing Bashundhara Group MD
Judge Mafroza Parvin recorded the statement of the complainant. After the hearing, the judge directed the Police Bureau of Investigation (PBI) to submit a report on it within seven working days.
Earlier on August 19, Dhaka Metropolitan Magistrate Rajesh Chowdhury relieved Anvir of the charge of incitement to suicide of the college student.
On July 19, the investigating officer of the case, Gulshan Police Station officer-in-charge Abul Hasan, submitted a final report to the court giving a clean chit to Anvir.
Anvir was not found culpable in the suicide incitement case of Munia in the final report submitted by the investigating officer and asked for his name to be dropped.
Read: Munia’s sister files no-confidence petition against final investigation report
On April 26, police recovered the hanging body of Munia from the flat in Gulshan in the night. Munia's elder sister Nusrat Jahan Tania filed a case against Anvir that night accusing him of incitement to suicide.
According to Tania, her sister Munia was in a relationship with Anvir who regularly visited her at the Gulshan apartment.
3 years ago
Munia’s sister files no-confidence petition against final investigation report
In the abetment of suicide case of college student Mosarat Jahan Munia, her sister filed a no-confidence petition in response to the police's final investigation report that exempted Bashundhara Group Managing Director Sayem Sobhan Anvir from charges.
Nusrat Jahan Tania filed the petition Tuesday with the court of Metropolitan Magistrate Rajesh Chowdhury.
General Registry official, Deputy Inspector Alamghir Hossain said the court may hold a hearing on the petition on Wednesday after assessing the documents but it’s not confirmed.
On July 19, Gulshan police submitted a final investigation report on the case exempting Anvir from the charges.
Also read: Munia’s Death: Sister files GD after receiving death threat
On April 26, Munia’s sister filed a case with the Gulshan police station after her body was recovered from a flat in Gulshan.
According to the case complaint, in 2019 after being introduced through a friend Anvir started living with Munia in a Banani flat as husband-wife.
In 2020, when Anvir’s family got to know about their relationship, his mother started threatening Munia.
After that Anvir sent Munia back to her hometown Cumilla saying he will marry her later.
On March 1, 2021, Anvir rented a flat in Gulshan area and Munia was living in that flat since.
Also read: Munia’s death: HC refuses to hear Bashundhara MD’s anticipatory bail plea
On April 23, Anvir had a fall out with Munia and threatened her over posting a photo in a neighbor’s house where she went for an iftar party
On April 25, Munia had called her sister in Cumilla and confided to being "in trouble". On that basis, Nusrat Jahan came to Dhaka next day and reached her sister's flat in the evening.
As her sister didn't answer the door, she then informed the landlord, who called in the police. In the flat they found Munia's hanging body.
3 years ago
Bashundhara Group receives ‘Best Business Conglomerate Group’ Award 2021
Bashundhara Group, the country’s largest business conglomerate, has received global recognition as “The Best Business Conglomerate Group” award of the year for its outstanding performance.
The Global Economics Limited, a UK-based financial publication and a biannual business magazine giving thoughtful insights into the financial sectors on various industries across the world, has accorded the award, said a media release on Wednesday.
Read 4 journalists receive Dhaka Ahsania Mission anti-tobacco fellowship award
Every year, organizations and individuals from across the globe are awarded for their contributions to corporate, banking, healthcare, utility, energy, technology and leadership categories.
The Global Economics Limited published a list of global winners for the year 2021, showing Bashundhara Group on top of the “Best Business Conglomerate Group” segment.
Also read: Rahimafrooz Renewable Energy wins Bangabandhu Sheikh Mujib Industrial Award
Earlier, Bashundhara Group and its sister concerns got various regional and international awards for their outstanding performances.
The group’s three products -- Bashundhara Paper, Bashundhara Tissue and Bashundhara Diapant—also received the Superbrands Award 2020-2021.
The Global Economics Limited awarded Nagad, state-run mobile banking organisation in Bangladesh, for most innovative digital financial services.
Also read: Mobile World Congress 2021: Huawei wins 5 awards
In financial category, other recipients of the award are Arab Financial Services, Bahrain; GFH Financial Group, Bahrain; Contact Financial Holding, Egypt; Egabi solutions, Egypt; Odin Investment, Egypt; Tamweely Microfinance, Egypt; Pacific Risk Advisors Ltd, Hong Kong; IFC Markets Corp, Indonesia; Nova Asset Management Finance, Indonesia; Credit Guarantee Corporation Malaysia Berhad, Malaysia; Maybank Asset Management Group Berhad, Malaysia; Aspiria, Mexico; UNIFIN, Mexico; ATRAM, Philippines; Alkhabeer Capital, Saudi Arabia; Hatcher+, Singapore; StashAway, Singapore; HNB Finance PLC, Sri Lanka; Lanka Credit and Business Finance Ltd, Sri Lanka; People’s Leasing & Finance PLC, Sri Lanka; Vallibel Finance, Sri Lanka; Nova Asset Management Finance, Thailand; Invest in Sharjah, UAE; Newfields Consulting Ltd, UAE; SHUAA Capital Psc, UAE, Home Credit Vietnam Finance Company Ltd, Vietnam; Mirae Asset Securities (Vietnam) LLC, Vietnam; Tan Viet Securities (TVSI), Vietnam; and Vietcombank Fund Management (VCBF), Vietnam.
Read Urban food system challenge: 6 entrepreneurial projects awarded for innovative ideas
3 years ago
Munia’s Death: Sister files GD after receiving death threat
Nusrat Jahan, elder sister of Mosarat Jahan Munia whose body was found hanging in a Dhaka flat, has lodged a general diary after receiving death threat over mobile phone.
Nusrat, 34, daughter of late Shafiqur Rahman, a freedom fighter of Monoharpur in Cumilla district and wife of Mizanur Rahman, lodged the general diary with Kotwali Police Station on Saturday.
Read Also: Munia's death: HC refuses to hear Bashundhara MD's anticipatory bail plea
According to the GD, Nusrat has been receiving death threat and threat to withdraw the case against Bashundhara Group MD since Wednesday over mobile phone.
She received the threat from different mobile phone numbers.
On April 26, police recovered the hanging body of Mosarat Jahan Munia, 21, from a flat in Dhaka’s Gulshan area.
Read Five family members of Bashundhara Group MD leave country
Following the recovery of her body, Nusrat Jahan filed a case under section 306 of Bangladesh Penal Code with Gulshan Police Station around the following day.
In the case, Nusrat Jahan made Sayem Sobhan Anvir, managing director of Bashundhara Group, the lone accused of abetting the death of the 21-year-old college student.
Read Also: Those responsible for Muniya's death to be brought to justice: Minister
A Dhaka court on April 27 issued a travel ban on Bashundhara Group Managing Director Sayem Sobhan Anvir.
On April 28, Sayem Sobhan Anvir filed a petition with the High Court, seeking anticipatory bail in the case.
The High Court on April 29 declined to hear the anticipatory bail petition.
Read Also: Young woman found dead in Gulshan; case filed against Bashundhara MD
Meanwhile, five family members Anvir and their three domestic helps left the country for Dubai on a chartered flight on April 29 night.
Sources at the Hazrat Shahjalal International Airport said the five family members include Anvir's wife Sabrina Sobhan, their two children, wife of Anvir's younger brother Yeasha Sobhan and their daughter.
Three domestic helps also accompanied them.
Read Muniya case: Bashundhara Group MD seeks anticipatory bail
3 years ago
Five family members of Bashundhara Group MD leave country
Five family members of Bashundhara Group's Managing Director Sayem Sobhan Anvir and their three domestic helps left the country for Dubai on a chartered flight on Thursday night.
Sources at the Hazrat Shahjalal International Airport said the five family members include Anvir's wife Sabrina Sobhan, their two children, wife of Anvir's younger brother Yeasha Sobhan and their daughter.
Three domestic helps also accompanied them.
Also read: Young woman found dead in Gulshan; case filed against Bashundhara MD
"The Civil Aviation Authority of Bangladesh (CAAB) gave permission to operate the chartered aircraft," said a CAAB official prefering anonymity.
He said the passengers boarded the aircraft on completion of necessary formalities.
He, however, said airport security officials were on high alert so that Sayem Sobhan Anvir cannot leave the country.
A Dhaka court on Tuesday issued a travel ban on Sayem Sobhan after the recovery of a young woman's body hanging from the ceiling at a flat in the capital on Monday.
Also read: Dhaka court imposes travel ban on Bashundhara MD over abetting suicide
The deceased was identified as Mosarat Jahan Munia, 21, daughter of late Shafiqur Rahman, a freedom fighter of Monoharpur in Cumilla district.
Following the recovery of her body, the victim's sister, Nusrat Jahan, filed a case under section 306 of Bangladesh Penal Code with Gulshan Police Station on Tuesday.
In the case, Nusrat Jahan made Sayem Sobhan Anvir the lone accused of abetting the death of the 21-year-old college student.
Also read: Bashundhara Group MD seeks anticipatory bail
On Wednesday, Anvir filed a petition with the High Court, seeking anticipatory bail in the case.
But, the High Court declined to hear the anticipatory bail petition on Thursday.
3 years ago
Muniya case: Bashundhara Group MD seeks anticipatory bail
Bashundhara Group Managing Director Sayem Sobhan Anvir on Wednesday (April 28, 2021) filed a petition with the High Court, seeking an anticipatory bail in a case filed over abetting the suicide of a young girl whose body was recovered from a flat in Dhaka’s Gulshan area.
The petition was included in the cause list for hearing at the bench of Justice Mamunur Rahman and Justice Khandaker Diliruzzaman, court sources said.
Also read: Young woman found dead in Gulshan; case filed against Bashundhara MD
As per law, the accused must appear before court physically for hearing on an anticipatory bail plea but the accused could be connected virtually with the court during the virtual hearing.
On Monday, police recovered the hanging body of Mosarat Jahan, 21, daughter of late Shafiqur Rahman, a freedom fighter of Monoharpur in Cumilla district, from a flat in Dhaka’s Gulshan area.
Also read: Dhaka court imposes travel ban on Bashundhara MD over abetting suicide
Following the recovery of her body, the victim's sister, Nusrat Jahan, filed a case under section 306 of Bangladesh Penal Code with Gulshan Police Station around 1:30 am on Tuesday.
In the case, Nusrat Jahan made Sayem Sobhan Anvir, managing director of Bashundhara Group, as the lone accused of abetting the death of the 21-year-old college student.
Read Those responsible for Muniya’s death to be brought to justice: Minister
3 years ago