graft
Jailed Malaysian ex-PM Najib returns to court for 1MDB trial
Jailed Malaysian ex-Prime Minister Najib Razak returned to court Thursday for a second corruption trial over the pilfering of the 1MDB state fund, two days after he began a 12-year prison term for graft.
Najib, 69, became Malaysia's first leader to be imprisoned Tuesday after the country's top court rejected his final appeal in his first graft case linked to the looting of the 1Malaysia Development Berhad fund. His incarceration comes four years after his election ouster over the scandal and was celebrated by many citizens as justice served.
Wearing a dark blue suit, red tie and face mask, Najib sat impassively in the dock without handcuffs as the hearing began. He was earlier brought into the court complex in a tinted police vehicle under heavy security to avoid a crowd of media waiting to catch a glimpse of him.
The current trial began in August 2019 and is the most significant as it ties Najib directly to the 1MDB scandal that has prompted investigations in the U.S. and several other countries. Prosecutors allege Najib pilfered billions of dollars from 1MDB through an “elaborate charade” and then sought to cover his tracks. Najib says he was misled into believing it was a donation from the Saudi Arabia royal family.
Najib faces four charges of abusing his power to obtain 2.3 billion ringgit (more than $700 million in the exchange rate at the time) from 1MDB between 2011 and 2014, and 21 counts of money laundering involving the same amount. He faces up to 20 years in prison for each count of abuse of power and up to five years for each of the money laundering charges.
Read: Malaysia top court upholds ex-PM Najib's graft conviction
1MDB was a development fund that Najib set up shortly after taking power in 2009. Investigators allege more than $4.5 billion was stolen from the fund and laundered by Najib’s associates through layers of bank accounts in the U.S. and other countries to finance Hollywood films and extravagant purchases that included hotels, a luxury yacht, art works and jewelry.
The scandal led to the ouster in 2018 general elections of Najib’s United Malays National Organization, which had been in power since the country’s independence from the British in 1957. The new government opened investigations into 1MDB that were stifled under Najib’s rule, and blocked Najib and his wife from leaving the country.
Najib faces dozens of charges of criminal breach of trust, graft, abuse of power and money laundering in a total of five criminal cases linked to 1MDB. His wife and other senior government officials have also been hauled to court for corruption.
Najib was found guilty in 2020 of seven charges of corruption for illegally receiving $9.4 million from SRC International, a former unit of 1MDB. The country's top court affirmed the decision on Tuesday, sending Najib straight to prison to begin his sentence.
Najib has insisted he was misled by fugitive Malaysian financier Low Taek Jho and other bankers into believing the funds entering his personal accounts were an Arab donation. Low, who was identified by U.S. investigators as the mastermind in the pilfering of the fund, is wanted in both the U.S. and Malaysia but has been in hiding.
2 years ago
Two power officials get 5 yrs in jail in graft case
A court in Barishal has sentenced two engineers of Power Grid Company of Bangladesh (PGCB) to five years in jail for amassing illegal wealth worth Tk 1.36 crore.
Barisal's Divisional Special Court judge Mehdi Al Masud handed down the judgment to the convicts -- Lakshmi Narayan Bhuya and Hanif Hossain Gazi of PGCB's Khulna Circle -- on Tuesday.
The court also imposed a whopping fine of Tk 35 lakh on each of them, but acquitted Anwar Hossain, a former security inspector of PGCB, for lack of evidence.
Read: Covid report scam: JKG’s Sabrina, hubby get 11 years in jail
On August 20, 2017, the Anti-Corruption Commission (ACC) filed a case against the three for embezzling money from a project.
On January 21, 2018, the investigation officer in the case submitted a chargesheet against them.
2 years ago
Joy depicts graft in power sector during BNP's last tenure
While the scorching heat of Kartik caused unbearable sufferings of people during the Ramadan in 2005, incessant power outage worsened by the corruption of BNP leader Tarique Rahman in the power sector sent people to their breaking point, said Prime Minister's ICT Advisor Sajeeb Wazed Joy on Sunday.Referring to the 2005-Ramadan period, he mentioned that Dhaka city was badly suffering from load-shedding, let alone the other parts of the country.
Read:Bangabandhu's birthday evokes his dream: Joy"People, finally, got agitated amid acute power crisis even during Iftar, Tarabi and Sehri. But at that time, Tarique Rahman, son of then Prime Minister Khaleda Zia, embezzled thousands of crores of money in name of putting up electric poles – plunging the country into the darkness of power and gas crisis during the BNP rule," Joy wrote in a Facebook post.While the Awami League government increased the power generation capacity to 4,300 MW after assuming power in 1996, rampant corruption of Tarique Rahman during BNP rule brought the capacity down to only 3,200 MW – half of which was supplied to some elite areas of Dhaka, and the other half was allocated for the whole country, he added."As a result, the country witnessed unprecedented power shortages even in winter from 2001 to 2006, affecting the agricultural and industrial sectors of the country.""During the BNP-Jamaat misrule, teachers in Dhaka had to take school classes by lighting candles during the day regularly. Lack of electricity also disrupted water extraction in the city, causing unbearable public suffering that led to protests in the capital."
Read:Joy shares video report on ‘BNP’s money laundering’ Twenty villagers were shot dead all because of protesting in demand of electricity in Kansat of Chapainawabganj in January, 2006, he further said."Farmers became dependent on diesel-powered irrigation pumps for cultivation due to the lack of electricity in the rural areas then. Taking the chance, the 'Hawa Bhavan' syndicate also hiked the price of diesel and fertilizer. However, people started waging protests in different parts of the country against the corruption and anomalies of the Tarique-Mamun gang."
2 years ago
HC grants bail to expelled Sramik League leader in a graft case
The High Court on Tuesday granted bail to expelled Sramik League leader Tufan Sarkar of Bogura in a graft case filed by the Anti-Corruption Commision.
Justice Md Nazrul Islam Talukder and Justice SM Mozibur Rahman passed the order after hearing a petition.
On October 18, the HC issued a rule asking the government to explain as to why Tufan should not be granted bail in the case.
Also read: Expelled Sramik League leader Tufan denied SC bail
Advocate Rafiqul Islam Sohel stood for Tufan while Advocate Sazzad Hossain and Deputy Attorney General AKM Amin Uddin Manik represented the ACC and state respectively.
The case was filed against Tufan over amassing wealth and concealing wealth information.
According to the case despite having no known source of income Tufan was accused of hiding information about his property worth over Tk 29 lakh besides amassing about Tk. 1.60 crore beyond his known source of income.
Also read: HC turns down Tufan’s bail plea over Bogura rape
Tufan has been in prison since 2017 in a case filed over the rape and torture of a schoolgirl and her mother.
On June 22, 2020, the High Court rejected his bail plea in the case.
3 years ago
ACC summons Ideal school and college principal over graft allegation
The Anti-Corruption Commission (ACC) on Monday summoned Ideal school and college principal Shahanara Begum over the allegation of acquiring illegal assets.
A letter signed by the Assistant Director of the ACC Ataur Rahman Sarkar asked the principal to be appeared on November 15 at the ACC head office to record her statement.
Also read: Corruption allegations: ACC summons 15 Thakurgaon teachers
Deputy Director of ACC Public relation office Muhammad Arif Sadeq confirmed this to UNB.
If she fails to appear at ACC at the given time, it will be considered that she does not have any statement regarding the charges against her, he said.
3 years ago
HC rules on dropping AL leader’s name from graft investigation
The High Court on Monday issued a rule questioning why removing Tangail, Delduar upazila Awami League General Secretary M Shibly Sadik’s name from the probe on embezzling the TR-Kabikha project fund should not be declared illegal.
Bench of Justice M Nazrul Islam Talukder and KM Zahid Sarwar issued the rule during a hearing on writ petition filed in this regard.
The court asked six people including the Anti-Corruption Commission (ACC) Chairman, two commissioners, and Shibly Sadik, concerned investigation officer of the commission, to reply to the rule.
On Sunday, Supreme Court lawyer M Ashraful Islam filed a writ petition at the High Court challenging the exclusion of Shibly Sadik from the ACC's inquiry.
Advocate Syed Mamun Mahbub presented the petitioner’s side during the hearing today while Barrister Sazzad Hossain appeared for ACC.
READ: HC asks ACC to capture real money launderers instead of businessmen
ACC started an inquiry into AL leader Shibly on charges of embezzling Tk 27 lakhs from Test Relief (TR) and Kabikha project based on reports in the media in 2017.
On January 25, 2018, ACC dropped Shibly’s name from charges after finding no evidence and ended the investigation.
Lawyer M Ashraful Islam said, ACC dropped the investigation without inquiring how the government fund allocated for the TR-Kabikha project got deposited in Shibly’s personal bank account.
READ: HC wants to know of steps against teachers in Rabindra University incident
On June 23, the lawyer also appealed to the ACC chairman to investigate many other complaints of corruption and irregularities against the Tangail AL leader.
3 years ago
ACC investigates graft allegations against 30 Titas Gas officials
The Anti-Corruption Commission is investigating allegations of acquiring illegal assets against 30 officials and employees of Titas Gas Distribution Limited, an ACC official said on Monday.
The Commission's Deputy Director Muhammad Arif Sadeq told UNB that it already questioned 10 officers and employees of the company to verify their statements and financial records.
Also read: ACC investigates SBAC bank chairman for graft
The officials are - Manager(Planning and Development) of Titas Abdul Wahab and Manager ( General Services Division) Moinul Islam, CBA President of Titas and Weilder ( retired) Kojimuddin, CBA General Secretary and Assistant Sales Manager Syed Waezuddin Ahmed, Senior Office Assistant Zakir Hossain, Devoloper of Narayanganj SDO of Titas Yusuf Ali Miazi, senior developer Khandakar Yusuf Ali, office clerk of ESS,Savar, Golam Mawla Sardar, office assistant of DGM office Jakir Hossain, and Senior Sales Assistant Saidur Rahman.
A notice has also been issued to the remaining 20 to appear at the ACC office on September 5 and 6 to record their statements, he said.
Also read: ACC interrogates alleged accomplices of PK Halder at FFIL
3 years ago
ACC investigates SBAC bank chairman for graft
The Anti- Corruption Commission (ACC) on Thursday decided to investigate Chairman of South Bengal Agriculture and Commerce Bank Ltd SM Amjad Hassan for allegedly embezzling money from the bank.
Deputy Director (Public Relations) of ACC Muhammad Arif Sadeq
told UNB that the Commission has decided to investigate allegation of corruption and irregularities in sanctioning the loan to unverified organisations.
Also read: ACC books five in Khulna on charge of embezzling Tk 18 crore 50 lakh
According to ACC, the chairman of the bank embezzled huge amount of money of the depositors by opening various companies at home and abroad using the Khulna and Katakhali branches of the bank under the guise of import-export and loan.
The ACC has decided to investigate allegations of committing offenses under Section 2 (s) of the Prevention of Money Laundering Act, 2012, including embezzling large sums of money from depositors.
Also read: ACC interrogates alleged accomplices of PK Halder at FFIL
3 years ago
ACC investigating Hefazat leaders Babunagri, Mamunul for graft, fund embezzlement
The Anti-Corruption Commission (ACC) launched an investigation against over 50 Hefazat-e-Islam leaders including Junaid Babungari and Mamunul Haque on charges of embezzling funds and corruption.
They have allegedly embezzled a huge sum of money from the organisation's funds, various madrassas, orphanages, Islamic institutions and foreign aid for religious purposes.
The decision to investigate was taken by the commission after the detectives of Bangladesh Bank and the ACC found truth in the allegation.
ACC sources said that a team of eight members has been formed, led by Akhtar Hossain Azad.
3 years ago
PE department auditors caught engaging in graft
Anti-Corrupion Commission (ACC) on Monday arrested two auditors involved with Pirojpur District Primary Education Office for demanding bribes in exchange for favourable audit reports.
3 years ago