bdnews24.com :
Hundreds of depositors have filed two criminal cases in Patuakhali Sadar police station, alleging they have been duped of nearly TK 200 million by RDP Finance & Investments MCS Limited.
This company has been approved by the Ministry of Cooperatives. Its executives seemed to have disappeared, the depositors allege.
But it is not yet clear how many depositors have been duped – and to what extent.
The head office of the company and 71 of its branch offices are abandoned, locked out by its executives for more than a month.
The Bangladesh Financial Intelligence Unit (FIU) have put on hold all bank accounts of RDP Finance & Investments.
“We are investigating the RDP Finance & Investment Company. They seem to have raised TK 200 million from many investors and vanished,” said SM Ziaul Haque, Patuakhali Sadar Police Station OC.
He said two cases have been filed against the company – one under a Special Act and another under the Penal Code.
“We have informed Bangladesh Bank about the cases.”
Patuakhali’s additional superintendent of police HM Azimul Huq said the RDP Finance & Investment was functioning as a micro-credit agency. “But its operations were not legal.”
The Bangladesh Financial Intelligence Unit (BFIU) on June 18 asked all scheduled banks, where RDP had accounts, to freeze transactions for at least 30 days until further notice.
Information about accounts connected to RDP’s promoters and executives have also been sought by BFIU.
BFIU’s deputy chief Md.Mahfuzur Rahman, also an executive director with Bangladesh Bank, said instructions to freeze transactions on RDP bank accounts and seek information about their promoters have been issued under Sec 23 (1-C) of Prevention of Money Laundering Act 2012.
Hundreds of depositors have filed two criminal cases in Patuakhali Sadar police station, alleging they have been duped of nearly TK 200 million by RDP Finance & Investments MCS Limited.
This company has been approved by the Ministry of Cooperatives. Its executives seemed to have disappeared, the depositors allege.
But it is not yet clear how many depositors have been duped – and to what extent.
The head office of the company and 71 of its branch offices are abandoned, locked out by its executives for more than a month.
The Bangladesh Financial Intelligence Unit (FIU) have put on hold all bank accounts of RDP Finance & Investments.
“We are investigating the RDP Finance & Investment Company. They seem to have raised TK 200 million from many investors and vanished,” said SM Ziaul Haque, Patuakhali Sadar Police Station OC.
He said two cases have been filed against the company – one under a Special Act and another under the Penal Code.
“We have informed Bangladesh Bank about the cases.”
Patuakhali’s additional superintendent of police HM Azimul Huq said the RDP Finance & Investment was functioning as a micro-credit agency. “But its operations were not legal.”
The Bangladesh Financial Intelligence Unit (BFIU) on June 18 asked all scheduled banks, where RDP had accounts, to freeze transactions for at least 30 days until further notice.
Information about accounts connected to RDP’s promoters and executives have also been sought by BFIU.
BFIU’s deputy chief Md.Mahfuzur Rahman, also an executive director with Bangladesh Bank, said instructions to freeze transactions on RDP bank accounts and seek information about their promoters have been issued under Sec 23 (1-C) of Prevention of Money Laundering Act 2012.
