The Criminal Investigation Department (CID) of police has launched an investigation into allegations of money laundering against Diamond World Managing Director Dilip Kumar Agarwala and other stakeholders related to the business entity.
Confirming the matter on Tuesday, CID’s Superintendent of Police (Media) Azad Rahman told English daily Daily Sun that the department’s financial crime unit initiated the probe into various allegations surfaced against Agarwala.
The allegations include siphoning off a huge amount of money abroad by importing gold and diamonds into the country through smuggling, selling high-quality glass pieces as real diamonds at showrooms in different districts resorting to fraudulence, controlling gold smuggling syndicates in Dubai, the UAE and Singapore, possessing three jewellery shops and eleven houses in India’s Kolkata, amassing vast properties in Dubai and Canada, and becoming a director of a bank illegally by investing Tk40 crore through forgery.
Recently, different media outlets have published reports unearthing the issues of gold smuggling and fake diamond business allegedly being run by Dilip Kumar Agarwala for years.
bd-pratidin/GR
