ACC sues Ripon over Tk35.53cr unexplained wealth

The Anti-Corruption Commission (ACC) has approved the filing of a case against businessman Md Salahuddin Ripon for allegedly acquiring assets worth Tk35.53 crore beyond his known sources of income and providing false information about his wealth. ACC Deputy Director Aktarul Islam confirmed the development on Wednesday.

Ripon, proprietor of M/S L.R. Trading in Motijheel, Dhaka, allegedly accumulated assets worth Tk355,308,796 disproportionate to his legitimate income, in violation of Section 27(1) of the Anti-Corruption Commission Act, 2004. He also allegedly misrepresented the sources of his wealth by claiming that his business income had financed the purchase of his immovable properties.