Source: Npros.com 5/14/2012
Arrest Warrant Issued for Destiny 2000 Managing Director
Earlier today, a lawsuit was filed claiming that Amin and the others submitted fake papers to the Joint Stock Company and Funds in June 2009 and transferred the shares to Destiny 2000 Limited.
Bangladesh's National Board of Revenue has asked banks to close the accounts of Amin, his wife, and other Destiny 2000 executives. The company has been widely accused in the Bangladeshi media of fraud and illegal banking, and the country's parliamentary standing committee on finance ministry has asked the government to investigate.
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Court Orders Seizure of Destiny 2000 Properties
November 27, 2012 -- Today, a Dhaka court ordered the confiscation of all property of Destiny 2000 Limited, its chairman Mohammad Hossain, and managing director Rafiqul Amin and his wife. Hossain and Amin, along with other Destiny executives, are facing charges including money laundering and transfe... Read More...Destiny 2000 Distributors Begin Hunger Strike
Dhaka, Bangladesh -- On Sunday, approximately 1,000 Destiny 2000 distributors gathered in Ramna Park and began a mass hunger strike, hoping to persuade Prime Minister Sheikh Hasina to unfreeze the company's seized bank accounts, free its Chairman and Managing Director, and halt plans for administrat... Read More...Destiny 2000 Executives Admit Guilt in Money Laundering
Dhaka, October 26, 2012 -- Mohammad Rafiqul Amin, managing director, and Mohammed Hossain, chairman of Destiny 2000 gave statements confessing to money laundering in the courts of metropolitan magistrates in Dhaka. The two were jailed following their statements.Officials at the Ministry of Comme... Read More...Destiny 2000 President Granted Bail
Dhaka, Oct 18 -- Destiny 2000 Limited President M Harun-Ar-Rashid was released on bail for two months in the money laundering case against him. Harun's bail was granted on the condition that he refrain from traveling internationally or communicating on behalf of Destiny 2000. Harun was jailed on ... Read More...
