A Dhaka court has sentenced Destiny Group President Harun-Ur-Rashid to 4 years and Managing Director Rafiqul Amin to 12 years of imprisonment, for allegedly embezzling Taka 1,861 crore through Destiny Multipurpose Cooperative Society Limited.

Destiny Chairman Mohammad Hosain was also awarded 10 years in jail.

Judge Sheikh Nazmul Alam of Dhaka 4th Special Judge Court handed down the verdict.

In addition to the jail time, the court also fined Harun and Rafiqul  Tk 3.5 crore and Tk 2 crore respectively.

The court also sentenced other 43 accused in the case to different terms of imprisonment.

Anti-Corruption Commission (ACC) on July 31, 2012, filed two cases under money laundering prevention act with capital’s Kalabagan Police Station.

The anti-graft body on May 4, 2014, filed charge-sheets in the two cases for embezzling Taka 4,119.24 crore. In one case, 46 people were accused of misappropriating Taka 1,861 crore under the cover of Destiny Multipurpose Cooperative Project, while 19 people were accused of embezzling more that Taka 2,257 crore through Destiny Tree Plantation (DTPL).

The court on August 24, 2016 framed charges in the two cases. Of the two cases, the court today pronounced judgment in Destiny Multipurpose Cooperative Society Limited case.