MK Khairul Bashar, chairman of the student consultancy firm BSB Global Network, has been arrested by the Criminal Investigation Department (CID) of police.
He was taken into custody around 1 PM on Monday from the Dhanmondi area in the capital , confirmed CID’s Special Superintendent of Police, Abul Kalam Azad.
“He was arrested by the Financial Crime Unit team in connection with a money laundering case,” said Azad. “There are around 50 to 60 cases of cheque dishonour filed against him at Gulshan Police Station.”
Khairul Bashar and his associates are accused of embezzling approximately Tk 200 crore. On October 17 last year, a group of students staged a protest in Dhaka demanding justice over the alleged financial fraud.
