A Dhaka court on Monday sentenced Farmers Bank’s former audit committee chairman Mahbubul Haque Chisty alias Babul Chisty and his son Rashedul Haque Chisty to 12 years’ rigorous imprisonment in a case filed over laundering Tk 160 crore from the bank.
Babul Chisty’s wife Ruzy Chisty and Farmers Bank’s former first vice-president Masudur Rahman Khan were also sentenced to five years’ rigorous imprisonment in the same case.
Judge Syed Arafat Hossain of Dhaka Special Judge Court-4 passed the order.
Mosharraf Hossain Kajal, a lawyer of the Anti-Corruption Commission (ACC), confirmed the matter to Jago News.
Earlier on April 10, 2018, ACC filed the case under the Money Laundering Prevention Act, 2012, with Gulshan Police Station.
The court framed charges against them on October 30 in 2019.