Ctg customs finds evidence of money laundering against exporter Bangla Food and Beverage Ltd
File photo
Star Online Report
Star Online Report
Chattogram Custom House officials have found evidence that an exporter tried to export one tonne of food items by fraudulently showing that two containers had 22 tonnes worth 100,000 dollars.
Customs officials said exporter Bangla Food and Beverage Limited, a Dhaka-based company, was laundering black money in the name of exporting food products from the country and receiving cash incentives from the government against the export.
Meanwhile, the officials are also investigating export of goods shown to be worth Tk 23.84 crore in 48 consignments between January 2019 to December 2020 by the company, they said.
Customs siezes containers for inflated export value
File photo
Bangla Food and Beverage Ltd tried to export one tonne of foods in place of 22 tonnes declared to claim higher cash incentives from the government against foreign sales, said the Chattogram Customs House.
The exporter claimed $100,000 as export proceeds from the shipment. The customs said the shipment s value would be much lower. We have seized the container. We have also filed money laundering and criminal cases against the company, said Rezaul Karim, assistant commissioner of the Customs.
The export consignments were supposed to contain 545 boxes of food items, including puffed rice, biscuits, tomato crackers and spices but the customs found it to be almost empty, he said.