34 cases under investigation, chargesheet of one submitted...

PK Halder

34 cases under investigation, chargesheet of one submitted

 Staff Correspondent daily-bangladesh.com

 Published: 05:47 PM, 1 June 2022   Updated: 05:48 PM, 1 June 2022

Prashanta Kumar (PK) Halder; File Photo

Prashanta Kumar (PK) Halder; File Photo

Prashanta Kumar (PK) Halder, former managing director (MD) of Global Islami (formerly NRB Global) Bank, is in remand in India after being arrested by law enforcement. 

He has been accused of looting and smuggling around Tk 10,000 crore from four financial institutions in the name of various companies in his own name. At the end of 2019, PK Halder left the country and went into hiding. Later, sensational information about PK Halder’s embezzling was slowly revealed.

It is learned that the Anti-Corruption Commission (ACC) has so far filed 35 cases against PK Halder for embezzlement and smuggling. Of these, 34 cases are under investigation. Following the investigation of another case, the ACC has filed charges against 14 people including PK Halder. On May 25, the court was directed by a gazette to appear 10 other fugitives including PK Halder in the court. A report on the matter has been fixed for July 7. 

The other nine accused are — PK Halder’s mother Lilabati Halder, Purnima Rani Halder, Uttam Kumar Mistry, Amitabh Adhikari, Pritish Kumar Halder, Rajib Som, Subrata Das, Ananga Mohan Roy and Swapan Kumar Mistry. Besides, Abantika Baral, Shankha Bepari, Sukumar Mridha and Anindita Mridha, accused in the case, are currently in jail.

Earlier on March 26, the court issued arrest warrants against ten fugitives in the case.

According to the case details, PK Halder withdrew Tk 3,500 crore from four financial institutions of the country in the name of various companies. These four financial institutions cannot return the money to the customers as the money did not return. The four companies are — International Leasing and Financial Services, People’s Leasing and Financial Services, FAS Finance and Investment Limited and Bangladesh Industrial Finance Company (BIFC). 

PK Halder took control of these companies by buying shares before withdrawing money. This financial scandal became known at the beginning of 2020, however, PK Halder left the country at the end of 2019. While on the run, the ACC filed a case against PK Halder on January 7, 2020, alleging illegal acquisition of assets worth about Tk 265 crore and money laundering. After an investigation, the ACC filed a chargesheet against 14 people including PK Haldar.

According to the ACC chargesheet, PK Halder bought 6,790 Shatangsha of land in different parts of the country including Dhaka, Narayanganj and Narsingdi. The market value of these assets has been shown as Tk 391,75,81,012. As per the current market price, the value of these assets is Tk 933 crore. Of this — he has bought 4,174 Shatangsha land in his own name. Its price has been shown in the documents as Tk 67,94,20,930. However, the current value of this asset is Tk 228 crore. Besides, there are two flats in Dhanmondi named after PK Halder.

The chargesheet further said PK Halder had built a building in Uttara named after his close relative Purnima Rani Halder — which cost Tk 12 crore. Purnima’s brother Uttam Kumar Mistry bought 109 Shatangsha of land in Tejgaon, Tejturi Bazar and Green Road in his name — Its market value is Tk 200 crore rupees. 

In his paper, PK Halder has mentioned building an eight-storey hotel (known as Radisson) on 2 acres of land in Cox’s Bazar under the company Cleiston Foods with Tk 240 crore. Besides, PK Halder’s cousins ​​Amitabh Adhikari and Ananga Mohan Roy have bought 404 Shatangsha of land in Dhaka and Narayanganj at a cost of Tk 167 crore. 

Citing data from the Bangladesh Financial Intelligence Unit (BFIU) and the Canadian Financial Intelligence Unit, the ACC report said PK Halder smuggled Can$ 1,17,11,164, around Tk 80 crore in Bangladeshi currency, to his brother Pritish Halder from 2012 to 2020.