Farmers Financial institution rip-off: ACC seeks highest punishment for Babul Chisty, 3 others

Finishing arguments in a case filed over laundering Tk 160 crore from Farmers Financial institution, the prosecution at this time sought highest punishment (14 years’ imprisonment) for 4 accused, together with the financial institution’s former audit committee chairman Mahbubul Haque Chisty alias Babul Chisty.

In the course of the closing arguments, ACC Public Prosecutor Mosharraf Hossain Kajol instructed the courtroom that they had been capable of show the costs introduced in opposition to all 4 accused past cheap doubt and that they need to be handed the best punishment for committing such offences.

The three different accused are Babul Chisty’s spouse Ruzi Chisty, son Rashedul Haque Chisty, and the financial institution’s former first vice-president Masudur Rahman Khan.

Of them, Babul Chisty and Rashedul Chisty are actually behind bars whereas the 2 others are on bail.

Choose Syed Arafat Hossain of the Particular Choose’s Courtroom-4 of Dhaka fastened August 28 for listening to arguments from the defence.

Earlier, the courtroom recorded statements of 15 prosecution witnesses, together with the complainant of the case.

The courtroom framed fees in opposition to the 4 accused on October 30, 2019.

On April 10, 2019, ACC Deputy Director Shamsul Alam, additionally the investigation officer of the case, submitted the cost sheet in opposition to the 4 accused.

The IO didn’t embrace names of the financial institution’s former senior vice-president Zia Uddin Ahmed and former supervisor and SVP of Gulshan company department Delowar Hossain, as they died earlier.

On April 10 of 2018, the Anti-Corruption Fee filed the case in opposition to six individuals, together with Babul Chisty, with Gulshan Police Station.

Back To Top