Hafiz Ibrahim (politician)

From 1994 to 2003, Ibrahim served as the director of Rupali Bank Limited.[6] He was re-elected to board in 2003 despite Bangladesh Bank seeking an explanation why a director had served more than 6 years in a row at the bank against its rules.[6] Rupali Bank was of the opinion as a state owned Bank that rule did not apply to them.[6] Bangladesh Bank removed him in 2005.[7] Syed Muhammad Yunus, a tubewell businessman, addmited to the Anti Corruption Commission that he embezzled 240 million taka from the bank with the help of Ibrahim.[8]

In February 2007, the Anti-Corruption Commission (ACC) published a list of 50 persons of top corrupt suspects which included Ibrahim's name.[9][10] After the deadline of 72 hours to submit the wealth statements, Ibrahim was arrested by the joint forces.[11][12]

In October 2007, ACC investigation found Ibrahim and his younger brother, businessman Giasuddin Al Mamun guilty of illegally amassing Tk 171 crore in the preceding five years.[11]

In May 2007, ACC filed the cases against the couple and a special court indicted the couple in November the same year.[13][14][15] He was released on bail from Dhaka Central Jail in February 2009.[16] In October 2011, following an appeal filed by Ibrahim, the High Court acquitted both of them of the corruption charges.[17] But in August 2015, the Supreme Court scrapped those High Court acquittal verdicts.[18][19]

In December 2008, nomination paper for the election from Bhola-2 constituency of Ibrahim was rejected as he was a convict in criminal cases and accused of total 18 cases.[20][21][22][23]

In August 2011, ACC filed a case against Ibrahim and his wife for laundering $1.75 lakh to Singapore.[24][25] A Dhaka court in December 2012 granted bail to them.[24] In October 2012, the Supreme Court stayed the money laundering case.[26]

In July 2013, a Barisal court framed charges against Ibrahim in a case filed over misappropriating relief items of corrugated tin.[3][27]