The Anti-Corruption Commission has summoned seven businessmen named in Panama and Paradise papers for interrogation over their alleged involvement in making illegal wealth through money laundering.
The commission on Sunday summoned United Group directors Hasan Mahmood Raja, Khondker Moinul Ahsan, Ahmed Ismail Hossain and Akhtar Mahmud as their names appeared in Panama Papers for interrogation on July 16, according to ACC public relations officer Pranab Kumar Bhattacharya.
He said that the commission’s deputy director SM Akhtar Hamid also summoned WMV Ltd’s Erik Johan Anders Wilson, Intrepid Group’s Farhan Aqebur Rahman and Selcon Shipping Company’s Mahtaba Rahman as their names appeared in Paradise Papers for interrogation on July 17.
On June 20, ACC chairman Iqbal Mahmood asked commission officials to complete by June 30 ongoing inquiries into offshore investments of Bangladeshi companies and individuals named in Panama and Paradise papers.
In early 2018, the commission decided to start separate inquiries to find out assets of Bangladeshis who made offshore investments for tax evasion.
Commission officials said that the decision was prompted by leaked documents of Panama and Paradise papers.
The commission decided to institute the new inquiries as it could make no headway in the inquires it began taking the clue from the leaked Panama Papers, commission chairman Iqbal Mahmood told New Age in February.
Names of a number of Bangladeshis appeared in Panama, Paradise and other leaked papers in the murky world of illicit offshore finance.
The leaks showed that the names of the entities were largely foreign-sounding but the addresses used were located in Bangladesh.
In April 2016, the ACC began its inquiries against Bangladeshis who, according to the leaked Panama Papers, made offshore investments in the British Virgin Islands, known as a tax heaven to wealthy investors.