A Dhaka court on Sunday imposed a travel ban on Gemcon Group Director Kazi Inam Ahmed and three others amid ongoing corruption investigations by the Anti-Corruption Commission (ACC).
Senior Metropolitan Special Judge Md Sabbir Faiz issued the order after reviewing two separate petitions filed by the ACC.
ACC spokesperson and Deputy Director Md Akhtarul Islam confirmed the court’s directive.
The three others facing travel restrictions are United Group and Neptune Housing founder and former Chairman Hasan Mahmood Raja, current Chairman and Managing Director Moinuddin Hasan Rashid, and former Managing Director of Neptune Housing Abul Kalam Azad.
The ACC’s Assistant Director and investigation officer AKM Mortuza Ali Sagar petitioned the court seeking a ban on Enam’s travel abroad.
According to the petition, the ACC has accused Inam of acquiring assets worth Tk32.66 crore through illegal means, disproportionate to his known income. The complaint also states that Tk 74.78 crore moved through fourteen bank accounts held in his name through “abnormal and suspicious transactions”, allegedly involving transfer, placement, layering, and conversion of funds consistent with money laundering.
The ACC informed the court that the investigation remains underway. It said credible sources indicated that Inam had attempted to transfer illegally acquired assets and flee the country. The observers argued that the travel ban was necessary to prevent flight and ensure justice.
In a separate petition, ACC Deputy Director Jahangir Alam sought travel bans against Hasan Mahmud Raja, Moin Uddin Hasan Rashid, and Abul Kalam Azad
.
The petition stated that the ACC was investigating allegations that Inam and twelve others had colluded to grab government-assigned property through forged documents.
The probe also includes allegations of foreign money laundering and irregularities in supplying gas at IPP rates to United Power Generation and Distribution Company Limited.
The ACC told the court that the three men had attempted to leave the country, according to confidential sources. It said restricting their travel was required to prevent interference with the ongoing investigation and to uphold fair justice.
