A Dhaka court has sentenced Destiny 2000 Ltd’s Chairman Mohammad Hossain to three years in prison in a case filed by the Anti Corruption Commission (ACC) for not filing his wealth statement.

The court also slapped a fine of Tk 50,000, failing to pay which will cause another three months in jail.

Dhaka Special Judge-6 Mahbub Rahman announced the verdict on Wednesday (Nov 14).

According to case dossiers, the graft watchdog probe found that Hossain had over Tk 130 million worth of assets beyond known income sources.

On Jun 15, 2016, the ACC served Hossain with a notice to file his wealth statement within seven working days. Hossain was in prison at the time in a money laundering case, also filed by the ACC. His lawyers sought time to file it when the ACC granted another seven days. However, he failed to file the statement.

On Sept 8, 2016, ACC Assistant Director Md Salahuddin filed a case against Hossain for his failure to submit wealth statement.

On Jun 6, 2017, Salahuddin submitted charge sheet in the case before the court and Hossain was indicted on Oct 15, the same year.