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DHAKA, Nov 3, 2025 (BSS) - The Anti-Corruption Commission (ACC) has filed five separate cases against 34 individuals — including Beximco Group Chairman and former Prime Minister’s Adviser on Private Industry and Investment, Salman F. Rahman, and Vice Chairman Ahmed Sohail Fasihur Rahman.

They were accused of embezzling thousands of crores of taka through large-scale stock market manipulation, loan fraud, and money laundering.

ACC's Director General (Prevention), Md Akhter Hossain briefed the media about the development at the commission’s headquarters here today. 

According to case documents, the accused allegedly siphoned off US$ 215.5 million (Tk 28,801 million) in loans taken under five garment and industrial ventures — Peerless Garments Limited, Platinum Garments Limited, Kanchpur Apparels Limited, Skynet Apparels Limited, and New Dhaka Industries Limited — from the local office of Janata Bank PLC.

The list of accused includes key members of the Rahman family — Salman F. Rahman, A.S.F. Rahman, Shayan Fazlur Rahman, and Ahmed Shahriar Rahman — along with several senior directors and managing officials of Beximco and its associated companies. A number of Janata Bank executives, including former CEO Abdus Salam Azad, and multiple retired and serving officials, have also been named for their alleged role in approving and facilitating the fraudulent loans.

The ACC claims the group embezzled nearly Tk 36,000 crore from state and private banks, manipulated placement shares to defraud investors, and laundered large sums abroad through collusion and misuse of authority.

The charges have been filed under Sections 409, 420, 467, 468, 471, 477A, and 109 of the Penal Code, Section 5(2) of the Prevention of Corruption Act 1947, and Section 4 of the Money Laundering Prevention Act 2012 (amended 2015).

If proven, the offenses could result in lengthy prison terms, major financial recoveries, and further corporate sanctions.

 The ACC said investigations are ongoing to trace additional assets linked to the alleged fraud and laundering network.