Customs investigating money laundering by RM Sourcing

Published : 20 Jan 2022 09:30 PM | Updated : 20 Jan 2022 09:32 PM

RM Sourcing Bangladesh, a Dhaka-based exporter, was trying to smuggle crores of rupees under the guise of exporting goods abroad.  In January this year, the company tried to smuggle around Tk 6 crore 62 lakh 67 thousand 788 against the export of four types of goods.  The Chattogram Customs Authority is investigating how much money the company smuggled abroad in exchange for the export of 113 consignments in three months.

According to the AIR branch of Chattogram Customs House, the products of RM Sourcing Bangladesh, an exporter from Uttara area of Dhaka, were loaded in containers at the depot of KDS Logistics Limited for export to the Philippines.  On the basis of secret information, four types of goods consignments of the company were seized and a complete physical work was done on January 11.

 At the end of the physical examination, it was found that the exporting company did LC through IFIC Bank against the shipment of four products.  As such, the company would have received Tk 29 lakh 60 thousand 248 against 24 thousand 344 pieces.  However, if there was a correct announ­cement, Tk 6 crore 92 lakh 27 thousand 952 would have been received in Bangladeshi currency.  In other words, the company tried to smuggle Tk 6 crore 62 lakh 67 thousand 788 under the guise of exporting four types of goods.

Sharfuddin Miah, Deputy Commissioner, AIR Branch, Chattogram Customs House, said the company exported a total of 113 consignments from October 25 to January 11 last year.  It is being investigated how much money the company has smuggled abroad against the shipment of these products.  Besides, all the activities are underway to bring the guilty persons under the law.