ACC quizzes Transcom chair Latifur

The Anti-Corruption Commission (ACC) has questioned Transcom Group Chairman and CEO Latifur Rahman for two hours over allegations of amassing wealth beyond known sources of income and laundering money abroad.
He was summoned to the commission's Segun Bagicha offices on Thursday.
Business tycoon and media emperor Latifur Rahman is also owner of the national English daily Daily Star, Bengali daily Prothom Alo, Nestle Bangladesh limited, Holcim Cement Bangladesh Limited and
National Housing Finance and Investment Limited and variety of business particularly in beverage, electronics, consumer goods and baby food.
He holds a controlling stake in Pepsi, KFC and Pizza Hut in Bangladesh. Transcom Food Limited, Transcom Electronics Limited, Transcom Customer Products Limited, Bangladesh Lamps Limited, Media World Limited, Tea Holding Limited, Reliance Insurance Limited, Trans Craft Limited and Bangladesh Electrical Industries Limited are all subsidiaries of the Transcom Group.
He was summoned to the commission's Segun Bagicha offices and ACC Deputy Director Md Nasir Uddin interrogated the tycoon for nearly two hours after he arrived in the commission on Thursday noon.
Earlier on Oct 11 the ACC sent a notice to Rahman, instructing him to come to the commission's offices for questioning yesterday (Thursday) with his national identification card and attested photocopies of his passport.
Alongw with the Transcom chairman members of his family are also accused of amassing illegal wealth worth billions of taka by dodging utility bills, VAT and other fees for different industries under the group, the ACC said.
The Anti Corruption Commission initiated the inquiry against Latifur Rahman after receiving a complaint that he himself and his family members accumulated massive wealth illegally, laundered illegal money to different countries and occupied government lands.