The case has been lodged against five individuals - Alif Industries Chairman Md. The case was filed with Gulshan Police Station on January 7, 2026, under Sections 4(2) and 4(4) of the Money Laundering Prevention Act, 2012, against the accused directors and concerned officials. Special police super of CID, media, Md Jasim Uddin Khan confirmed filing the case. At the current market rate of Tk 122 per US dollar, the amount stands at around Tk 29.77 billion. The investigation found evidence of discrepancies in both price and quantity of imported goods, leading to significant financial losses for the state through misuse of foreign currency and money laundering.

Source: Bangladesh Sangbad Sangstha January 08, 2026 17:26 UTC