The Anti-Corruption Commission yesterday quizzed four top officials of Destiny Group, including its chairman Rafiqul Amin, over various irregularities in the multilevel company.
The outcome of the grilling, however, could not immediately be known.
The seven-hour interrogation that began at 10:00am took place at the commission’s Segunbagicha office in the capital.
Following the quizzing that ended at 6:30pm, ACC Chairman Ghulam Rahman said the commission would protect the interests of the investors of the MLM company.
In mid-April, the anti-graft watchdog opened an investigation into financial anomalies, including illegal banking, by the company and its sister concerns.
The ACC chief, however, could not say when the investigation would end.
“The investigation officers have been instructed to do their job properly,” he told The Daily Star over the phone.
Talking to reporters, Rafiqul Amin, however, rejected all the allegations of wrongdoing made against his company and claimed that the group was operating as per rules.
Meanwhile, another probe committee led by the registrar of the joint stock companies and firms submitted its report on irregularities of the group to the commerce ministry yesterday.
The seven-member body was formed on February 13.
The contents of the report were not immediately available.
This correspondent could not reach the commerce minister or the commerce secretary over their phones despite repeated attempts.
The media published a series of news items on the group’s irregularities initially detected by a Bangladesh Bank investigation in March.
The central bank found proof of illegal banking by Destiny Multipurpose Co-operative Society, a sister concern of Destiny.
Illegal banking by the company has been creating disorder in the country’s financial sector, said the BB probe report that was also sent to the finance ministry at the time.
The report found that as of December 31, 2011, the multipurpose had collected nearly Tk 2,000 crore in deposits and share capital from people. Of the deposit, the bulk amount is lent to its sister organisations and only a small portion to its members.
The BB report said Destiny did not try to borrow from the banks or capital markets to meet its demand for capital.
UNIPAY2U OFFICIALS SUED
Meanwhile, a Chittagong court yesterday issued arrest warrants against 30 top officials of Unipay2u, another MLM company, reports BSS.
The officials facing the warrant include its chairman and managing director.
The Metropolitan Magistrate’s Court in the port city issued the arrest order in connection with four cases filed for swindling more than Tk 13 crore through promising high returns.
The court also ordered the police to produce the accused before the court by July 19.
-With The Daily Star input