CHEC at centre of Bangladesh bribery scandal
DHAKA, Bangladesh — A Bangladesh court on Saturday sentenced the fugitive son of former Prime Minister Khaleda Zia to six years in jail for laundering money taken as bribes from two global companies.
Judge Mohammad Mozammel Hossain said in his verdict that Arafat Rahman was guilty of smuggling more than 200 million takas (US$2.66 million) to Singapore. The judge also fined Rahman 190 million takas (US$2.53 million) and asked authorities to get the smuggled money returned.
Rahman, the younger son of Zia, was accused of taking bribes from China Harbour Engineering Company Ltd and the Bangladesh subsidiary of Germany’s industrial giant Siemens AG for helping them win government contracts during his mother’s 2001-2006 premiership. Rahman was tried in absentia. He has been living in Bangkok since 2008 after he was released pending trial on the grounds of poor health. He later refused to return for trial. The punishment will be effective from the day of Rahman’s return or surrender, prosecution lawyer Mosharraf Hossain said.
Hossain also referred to a 2009 move by the US authorities that seized nearly US$3 million related to a bribery scheme in Bangladesh involving Siemens.
Siemens pleaded guilty and had agreed to pay at least US$450 million in fines to settle the US corruption charges involving subsidiaries in Bangladesh, Venezuela and Argentina. The United States had alleged that Siemens and China Harbor Engineering Company bribed Rahman to secure the contracts. The US said the bribes were routed through US financial institutions, giving it jurisdiction.
— AP