TDS Desk

Md Gias Uddin Al Mamun, a businessman and close friend of BNP acting chairperson Tarique Rahman, has been acquitted from a money laundering case.

He was sentenced to seven years’ imprisonment in the graft case by the lower court in 2019.

The High Court bench of Justice AKM Asaduzzaman and Justice Sayed Enayet Hossain on Thursday (December 5) cancelled the lower court verdict and acquitted Gias Al Mamun from the case charge.

Lawyer Omar Sadat and Sabbir Hamza were present in the court on behalf of petition, while lawyer Asif Hasan was present for the Anti-Corruption Commission.

The case filed by the ACC on September 22, 2011, with Cantonment Police Station, alleged that Mamun had demanded an illegal commission from M Shahzad Ali, chairman of BTL and Globe Pharmaceuticals, in 2003 while finalizing a work order for the modernization of railway signalling by a Netherlands-based contractor.

Judge Abu Syed Dilzar Hossain of Dhaka Special Judge Court-3 on April 24, 2019, sentenced Mamun to seven years imprisonement in the case. The court also fined him Tk 12 crore.