Moosa Bin Shamsher set to be sued

The Anti Corruption Commission (ACC) is going to file a case against controversial business tycoon and DATCO Group chairman Moosa Bin Shamsher for allegedly acquiring illegal wealth and providing false information to the Commission.

 

The Commission at its regular meeting on Thursday approved a proposal to file a case against Moosa, ACC director and inquiry officer Mir Zainul Abedin Shebly told media, reports UNB.

 

Talking to reporters at his office on the day, ACC outgoing commissioner M Shahabuddion also confirmed about the move to sue Moosa.

 

Shebly will file the case with Ramna Police Station within a day or two under the Anti Corruption Commission Act 2004.

 

Responding to an ACC directive, Moosa earlier submitted his asset accounts statement to the Commission on June 7, 2015, mentioning his wealth worth US$ 12 billion deposited in the Swiss Bank and having 1,200 bighas of land.

 

On January 28, 2016, the ACC interrogated him but Moosa could not provide all the detailed information about his bank account at the Swiss Bank and his land.

 

Talking to reporters in front of the ACC office after facing grilling on January 28 last, the DATCO Group chairman hoped that he will get back his money seized in the Swiss Bank.

 

On December 14, 2014, the national anti-graft body also interrogated Moosa.

 

Moosa featured in cover stories of The Sunday Telegraph Magazine (London) and many other business magazines, including Business Asia, revealing that he has accumulated wealth worth about US$ 7 billion.

 

Considering the reports published in international media about his lifestyle, income and income sources, the ACC on November 3, 2014, decided to launch a probe against him who is believed to have made his fortune selling arms during the Iran-Iraq war.

 

Moosa, a pioneer of manpower export from Bangladesh, has drawn flak for purportedly being a prominent name in the international arms industry during the 1970s and 1980s.

 

It is alleged that Moosa has a Swiss bank account with US$ 7 billion frozen in it because of 'irregular' transactions.