The Anti-Corruption Commission on Tuesday initiated an inquiry into corruption allegations, including amassing illegal wealth, against former lawmaker of Comilla-4 constituency Abul Kalam Azad and High Speed Group of Companies director Iftekhar Ahmed Masud.
The commission鈥檚 director general for prevention Md Akhter Hossain at a press briefing at the commission鈥檚 headquarters in Dhaka confirmed the probe鈥檚 launch.
He also said that commission assistant director SM Rashedul Hasan was appointed as the inquiry officer to conduct the inquiry.
According to the complaint, Abul Kalam Azad is accused of embezzling and laundering hundreds of crores of taka he took as loans from different banks.
He is also accused of illegally acquiring massive property, including luxury apartments and land in posh areas, including Gulshan, Banani and Uttara in Dhaka city.
ACC officials further said that Azad was also a member of a powerful syndicate comprising former lawmakers that was allegedly engaged in criminal activities, including money laundering, manipulation of public tenders, land grabbing and exercising undue influence over government administration.
Several overseas bank accounts and foreign properties allegedly linked to the former Awami League lawmaker are also under scrutiny, said the officials.
Iftekhar Ahmed Masud, director of High Speed Group of Companies, is also facing similar allegations of corruption, including amassing illegal wealth.
