On July 31, 2012, the ACC filed two cases against Destiny officials, including Md Rafiqul Amin, accusing them of money laundering and embezzlement
The Supreme Court has dismissed two appeals against the High Court order that scraped two bail petitions filed by Destiny Group Managing Director Md Rafiqul Amin in connection with two money laundering cases.
A four-member Appellate Division bench headed by Chief Justice Syed Mahmud Hossain passed the order on Sunday.
Advocate Abdul Matin Khasru and Sayeed Ahmed stood for Amin, while Khurshid Alam Khan represented the Anti-Corruption Commission (ACC).
Earlier on August 20, the High Court scrapped Amin’s bail plea and ordered concerned authorities to dispose off his cases within the next six months.
Amin later appealed to the Appellate Division against the High Court order rejecting his bail.
The High Court had denied bail to Md Rafiqul Amin on July 22, and postponed the petition until regular court resumed amidst the government-declared general holidays.
On July 31, 2012, the ACC filed two cases against Destiny officials, including Md Rafiqul Amin, accusing them of money laundering and embezzlement.
ACC Deputy Director Mozahar Ali Sarder filed a case against 12 Destiny Group officials for laundering Tk2,106.64 crore out of Destiny’s tree plantation project.
On the same day, ACC Assistant Director Towfiqul Islam filed another case against 22 top officials of the company, including the aforementioned 12, for laundering Tk1,178.61 crore from Destiny Multipurpose Cooperative Society Limited (DMCSL).
The ACC claimed that the company laundered a total of Tk3,285 crore, cheating investors out of their fortunes.
Rafiqul Amin has been in jail since October 11, 2012, and sought bail several times, but his petitions have been rejected, according to sources familiar with the case.
Of the 22 accused, five are currently out on bail, according to the bail petitions filed on Tuesday. They are - Harun Ur Rashid, Ziaul Haque Mollah, Jesmin Akhter Milon, Omor Faruk and Saidul Islam Rubel.