The elite wing of Bangladesh police, Rapid Action Battalion (RAB) arrested a former cleric and Chairman of ‘Ehsan Group Pirojpur- Bangladesh ’ Ragib Hasan for defrauding people worth Tk 17,000 crore.
A close associate of Ragib Hasan was also arrested by the RAB.
The Director of Legal and Media section of the RAB Commander Khondoker Al Mayeen told the official news agency BSS on Friday that the arrest was made based on accurate information. He had allegedly purchased land in his own name and in the name of his relatives after swindling money from the subscribers of his scheme.
Starting with a multi-level marketing company in 2008, Raghib Hasan set up a real estate company and many others claiming to run these under the ‘Shariah Law’. He cheated people of large sums of money through his business. The police are investigating if the money collected by him has been used to finance militant activities. He targeted devout Muslims and also encouraged people to invest through organising religious sermons in the area, said RAB.
Ragib was earlier the principal of Al Madinah Cadet Madrasah and worked as the Imam of a mosque also. He also owns several madrasas and organisations, reports the local media of Bangladesh.