The Criminal Investigation Department on Tuesday said that they had filed a case against Diamond World owner Dilip Kumar Agarwala allegedly聽for laundering Tk 678 crore through gold聽 and diamond smuggling.
CID filed the case with聽Gulshan police station聽on Monday, said a press release signed by聽CID special superintendent of police (media) Jasim Uddin Khan.
Investigators preliminarily found that the company generated the money illegally by smuggling gold and diamonds.
CID鈥檚 Financial Crime Unit began the investigation on September 29 last year and reviewed financial transactions, documents and bank accounts of the Diamond World Limited.
The investigation found that Dilip, who comes from Chuadanga and lives in the capital鈥檚 Banani, allegedly laundered the money and engaged in illegal gold and diamond trading for years under the disguise of running local and international jewellery businesses.
They also found that the company imported gold bars, ornaments, loose diamonds and other items聽worth Tk 38.47 crore through LCs between September 6, 2006 and February 8, 2024.
In addition, the company also collected gold and diamonds worth Tk 678 crore from the local market following purchase, exchange or change methods.
鈥楤ut the company failed to show the CID valid documents regarding its sources or suppliers,鈥� said CID.
On September 3, 2024, the Rapid Action Battalion arrested Dilip.
He was later shown arrested in a murder case.
Later, he was shown arrested in several murder cases but was released from jail on bail on October 1, according to media reports.
