Unipay2u sham: 6 given 12yrs jail for Tk 1,351cr graft

    Hossen Sohel of DOT
    Six people including the chairman and manager of unipay2u have been sentenced to 12 years of jail for laundering Tk 1,351 crore through multi-level marketing sham, reports The Daily Star
    Apart from rigorous imprisonment, they were fined Tk 272 crore each in the order passed by Judge Abu Syed Dilzar Hossain of special judge court-3 yesterday.
    The six are Managing Dir Mohammad Muntasir Hossain, Chairman Md Shahiduzzaman Shahid, Executive Director Masudur Rahman, General Manager AM Jamshed Rahman, Advisor Monjurul Ehsan Chowdhury, and Director HM Arshad Ullah.Among them Muntasir, Arshad Ullah and Jamshed are in jail. Rest are absconding.The Anti-Corruption Commission on January 25, 2011 filed the case against the officials of unipay2u, a so-called multilevel marketing company, for amassing money by cheating people.

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