ACC to prosecute Gemcon Group directors Kazi Anis and Kazi Inam over ‘Illicit wealth’

The Anti-Corruption Commission (ACC) has announced plans to initiate two separate cases against Gemcon Group directors Kazi Anis Ahmed and his brother Kazi Inam Ahmed. The charges relate to the acquisition of nearly Tk 1.13 billion in illicit wealth and suspicious transactions amounting to Tk 1.25 billion. ACC Director General Md Akhtar Hossain told journalists on Monday that the cases had been approved. According to the ACC's investigation, Anis, also Gemcon Groups CEO, accumulated assets worth Tk 803.57 million beyond known sources of income. In addition, 20 bank accounts in his name recorded suspicious transactions totalling Tk 791.45 million. Similarly, his brother Inam acquired worth Tk 326.62 million in illicit assets. 14 bank accounts under his name showed suspicious transactions...