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ACC accuses former Faridpur chairman possessing Tk72 lakh unexplained wealth

ACC accuses former Faridpur chairman possessing Tk72 lakh unexplained wealth
Photo: Collected
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The Anti-Corruption Commission (ACC) has filed a case against former Faridpur Zila Parishad chairman Md Shahadat Hossain for allegedly acquiring and possessing assets worth Tk72,32,081 beyond his known sources of income.

ACC Assistant Director Mostafa of the Integrated District Office in Faridpur filed the case with the Special Judge Court, Faridpur, on Thursday. The case has been registered as Case No 7/26.

According to the case statement, the ACC issued an asset declaration notice to Shahadat on 31 January 2023. He submitted his asset statement to the commission on 16 April, declaring movable and immovable assets worth Tk1,05,09,981.

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An analysis of records collected during the ACC inquiry found that his income from legitimate sources during the period was Tk57,57,900, while his family and other expenses amounted to Tk24,80,000. This left him with a net savings or asset acquisition capacity of Tk32,77,900.

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As his total assets stood at Tk1,05,09,981, with no outstanding liabilities or debts, the commission found that Tk72,32,081 in assets could not be explained by his legitimate income.

The ACC said the alleged acquisition and possession of disproportionate assets constituted an offence punishable under Section 27(1) of the Anti-Corruption Commission Act, 2004.

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The case was filed in court on Thursday following approval from the ACC head office through a memorandum dated 4 November.

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