The court has mandated the confiscation of income tax documents belonging to former MP Golam Faruk Khandaker Prince from the Pabna-5 (Sadar) constituency. This ruling was issued by Senior Special Judge Sabbir Faiz following the Anti-Corruption Commission's (ACC) application. The ACC's integrated Dhaka District Office filed the case on February 20.
The allegations state that Golam Faruk Khandaker Prince amassed assets totaling Tk 99,174,434 through the misuse of his authority during his tenure as a member of parliament. Furthermore, it is reported that Tk 2,126,772,100 was deposited into 39 bank accounts registered in his name, with Tk 2,126,673,897 withdrawn, indicating an unusual transaction amounting to Tk 4,253,445,997.
The complaint elaborates that to obscure the illicit origins of these funds, he engaged in money laundering by converting and transferring the money. Consequently, a case has been filed under the Anti-Corruption Commission Act, the Prevention of Corruption Act, and the Prevention of Money Laundering Act.
The investigation officer noted in the court application that it is essential to seize and examine all records, including income tax returns, tax assessment orders, and reports related to the accused, from the inception up to the tax year 2024-25. As per section 309(3)(a) of the Income Tax Act 2023, a court order is necessary to access these documents.
Following the hearing, the court ordered the seizure of all income tax documents pertaining to the accused, identified by TIN No. 763868128203 in Tax Circle-09 (Pabna), Tax Region-Rajshahi, and instructed that a certified copy be collected and provided to the investigation officer. Additionally, the court directed that a copy of the order be sent to the Tax Commissioner of the Tax Region-Rajshahi, the Deputy Tax Commissioner of Tax Circle-09, and the case's investigation officer.
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