Dhaka, Jan 15: A Bangladeshi court on Wednesday sentenced former army chief Harunur Rashid and 18 others to 12 years of imprisonment and also slapped fines worth more than Tk 4,500 crore for embezzlement and money laundering.
The Dhaka Special Judge Court-4 sentenced former army chief Lieutenant General (Retd) Rashid and Rafiqul Amin, managing director of Destiny Multipurpose Co-Operative Society Limited to 12-year imprisonment each in a case lodged over embezzlement and money laundering.
A court official said Judge Md Rabiul Alam simultaneously fined them Tk 4,515.57 crore (USD 1=Tk 120.93), an amount double to what they were accused of misappropriation involving the MLM company or network business firm. MLM companies sell products to family and friends and recruit other people to do the same.
Rashid was recruited by the firm as a director years after his retirement from the army while he was granted bail as the hearing was underway since the trial began in 2016. (PTI)
