The High Court on Thursday acquitted businessman Giasuddin Al Mamun from the charge of money laundering and scrapped a seven-year conviction given by the trial court on the charge.
The High Court bench comprising justices AKM Asaduzzaman and Syed Enayet Hosain gave the order following an appeal filed by Mamun.
Advocates Omar Sadat and Sabbir Hamja moved for Mamun before the court where advocate Asif Hossain was present on behalf of the Anti-Corruption Commission.
The commission filed the money laundering case against Giasuddin Al Mamun with Cantonment Thana on September 22 in 2011. Deputy director of the ACC Md Ibrahim submitted charge-sheet against him on April 26 in 2012. On October 31, the court framed charges against Mamun rejecting his appeal for relieving from the charge.
Nine prosecution witnesses out of 10 gave their depositions before the court during the trial.
Abu Syed Diljar Hossain, judge of the special judge court-3 after completing the trial process, convicted Mamun for seven-year imprisonment on April 24 in 2019. The court also fined him amounting Tk 12 crore for the same.聽
The court also confiscated Tk 6,01,57,762 that was in the account of Mamun with NatWest Bank of London. Later, Mamun filed an appeal before the High Court against the judgment of the trial court.
Mamun was arrested on January 30 in 2007 and finally released from the court on August 6 this year after serving 17 years in jail.