Court freezes tax files of Dilip Agarwala, wife

A court has ordered to freeze the tax files of Diamond World Managing Director Dilip Kumar Agarwala and his wife, Sobita Agarwala, over graft allegations.

Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order on Thursday, allowing a petition filed by the Anti-Corruption Commission (ACC) assistant director Sazzad Hossain.

In the application submitted against Dilip Kumar Agarwala, it is stated that the accused acquired and retained in possession immovable and movable properties worth Taka 112.47 crore, inconsistent with his known sources of income through dishonest means.

 In addition, in the names of himself and his associated institutions, he conducted unusual transactions amounting to Taka 755.30 crore through 34 bank accounts. These actions constitute the offences of money laundering and corruption. The ACC has filed a case against him for these offences.

For the purpose of conducting a proper investigation, the ACC requires a review of the accused Dilip Kumar Agarwal's income tax file.

In the application submitted against Sobita Agarwala, it is stated that the accused acquired and retained in possession immovable and movable properties worth Taka 45.70 crore, inconsistent with her known sources of income through dishonest means. 

In addition, in the names of herself and her associated institutions, she conducted unusual transactions amounting to Taka 213.08 crore through eight bank accounts. These actions constitute the offences of money laundering and corruption. The ACC has filed a case against her for these offences.

For the purpose of conducting a proper investigation, the ACC requires a review of the accused Sobita Agarwalas income tax records.