Criminal Investigation Department’s Financial Crime Unit has filed a charge sheet against Alauddin Ahmed, owner of Green Bird Multipurpose Co-operative Society, after uncovering initial evidence of money laundering.
Investigators found that Ahmed fraudulently collected Tk 55,98,87,929 from around 9,045 customers under the guise of savings schemes. The money was allegedly transferred, converted, and spent on personal luxuries.
The charge sheet was submitted on 17 December 2025 to the Chief Metropolitan Magistrate Court in Dhaka.
Investigations revealed that since 2006, Ahmed ran multiple savings programmes under the Green Bird’s name, promising investors high returns of Tk 1,500 to 2,000 per lakh deposited every month along with the principal.
This scheme drew substantial sums from people of various social and professional backgrounds, eventually collecting nearly Tk56 crore.
The case, registered under Rampara Police Station Case No 30 on 27 December 2022, is being investigated under Sections 4(2) and 4(4) of the Money Laundering Prevention Act, 2012 (Amendment 2015).
CID investigations also revealed that Ahmed purchased several immovable properties in Dhaka and Narayanganj using the defrauded funds.
These include a three-storey building on 2 katha and a five-storey building on 2.42 decimal of land in Khilgaon, Dhaka, a shop on the second floor of Talatala Super Market under Rampara Police Station, a 4.5 decimal plot in Sobujbagh Thana, and a plot within the BISIC Jamdani Industrial Area and Research Centre in Rupganj, Narayanganj.
Following court orders, the CID has seized the properties and appointed the Dhaka Divisional Commissioner as receiver.
Based on Ahmed’s confessional statements, bank account transactions, documents, and other evidence, the Financial Crime Unit has found preliminary proof of prompting the formal charge sheet submission.
