Ehsan Group chairman arrested on charges of misappropriation10 September 2021
Online Desk :
Chairman of Ehsan Group Ragib Hasan and his associate were arrested on Friday by Rapid Action Battalion (Rab) on charges of misappropriating Tk 17,000 crore.
The Rab headquarters, however, did not yet disclose from where and when he was arrested.
There will be a press briefing at Rab media centre in the afternoon over the arrest, Rab sources said.
According to official sources, Ragib, once the Imam of a mosque, joined a Multi-Level-Marketing (MLM) company and he set up Ehsan Group of Companies in 2010 based in Pirojpur
Starting with a real estate company first, he later formed 17 firms under the group’s name.
Many cases were filed against the group on charges of embezzlement of money from thousands of people promising to run the company according to Islamic Shariah law and offering them a high profit.