The Anti-Corruption Commission (ACC) has yet to complete its investigation into allegations of illicit wealth accumulated by former Chief Engineer of Dhaka Power Distribution Company Limited (DPDC), Belayet Hossain, and members of his family, despite the inquiry having continued for nearly one year and eight months.The prolonged delay in completing the investigation has raised questions among concerned quarters.
According to information available in connection with the complaint, the ACC’s preliminary inquiry reportedly found indications that Belayet Hossain had allegedly accumulated substantial assets through abuse of power, irregularities and corruption during his career.
Following the preliminary findings, ACC Assistant Director Hafizur Rahman was appointed as the inquiry officer to investigate the allegations and submit a report to the Commission.
After assuming responsibility for the inquiry, Hafizur Rahman sent letters to more than 70 government and private offices—including banks, insurance companies, the National Board of Revenue (NBR), city corporations, land offices and the Rajdhani Unnayan Kartripakkha (RAJUK)—seeking records and documents relevant to the allegations.
The letters were issued on December 1, 2024. The ACC requested the concerned offices to provide the relevant records by December 10, 2024, for the purpose of the investigation.
The letter also sought information on whether Belayet Hossain, his wife Shamsun Nahar, or their three children—Navil Hossain Tamim, Fariha Hossain Mumu and Tajfikur Hossain Tanjif—held any property or assets in their names.
However, despite the passage of approximately one year and eight months since the letters were issued, the inquiry officer has reportedly not yet submitted the investigation report to the ACC Commission.
Allegations of Undisclosed and Underreported Assets
According to the complaint, Belayet Hossain allegedly accumulated a substantial amount of wealth during his career in the power sector. His ancestral home is in Lakshmipur village under Bhandaria upazila of Pirojpur district.
The complaint alleges that after completing his engineering education and joining the Bangladesh Power Development Board, Belayet Hossain acquired significant wealth and eventually retired as Chief Engineer of DPDC.
The allegations further state that he and his wife concealed assets and allegedly provided inaccurate information in their income-tax returns, resulting in possible tax evasion. Some of these alleged discrepancies were reportedly identified during an investigation by Shirshokagoj.
Alleged Assets of Belayet Hossain
According to the allegations, Belayet Hossain owns two luxury flats, each measuring approximately 1,800 square feet, located in the same building on Road 3/A, House No. 56, Dhanmondi, Dhaka. The flats are identified as 3/A/2 and 3/B.
The value of the two flats was reportedly shown as Tk 94,18,060 in his income-tax return, whereas the complaint claims that their combined market value could be at least Tk 4.5 crore.
The complaint also refers to a 412.5-ayutangs share of land in Mouza Ulan under Khilgaon Police Station, the declared value of which was reportedly Tk 2.30 lakh, while its alleged market value is close to Tk 1 crore.
Another 2.8-katha parcel of non-agricultural land in Ulan Mouza, Khilgaon, Dhaka, was reportedly declared at Tk 6.72 lakh, although the complaint estimates its market value at approximately Tk 1.25 crore.
The complaint further alleges that a number of other assets were not disclosed in his income-tax returns. These allegedly include two plots measuring approximately five kathas and ten kathas in Aftabnagar, Dhaka.
It also alleges that several bighas of land in Demra, Ashulia, Keraniganj and Gazipur were purchased in the names of close relatives.
According to the allegations, substantial amounts of money were deposited in various bank accounts, including savings certificates reportedly worth crores of taka. A Toyota Corolla, bearing registration number Dhaka Metro-GA-26-5483, is also mentioned among the assets.
The complaint further alleges that Belayet Hossain used close relatives to conduct various business activities on his behalf.
Despite these allegations, his income-tax return reportedly showed total assets of Tk 1,91,43,804.
Alleged Assets of Shamsun Nahar
Belayet Hossain’s wife, Shamsun Nahar, has also been named in the allegations.
According to the complaint, several plots of land were purchased in her name, while fixed deposits (FDRs) and savings certificates worth several lakh taka were allegedly held in her name at different banks.
The complaint alleges that Shamsun Nahar, who is described as a homemaker with no apparent independent source of income, has accumulated assets worth several crores of taka.
It further alleges that approximately Tk 2 crore worth of land is registered in her name at 44/A Haji Para and Haji Lane in Rampura, Dhaka.
The complaint also claims that approximately Tk 5 crore was kept in FDRs and savings certificates in the names of Shamsun Nahar, her son and close relatives.
Her assets were reportedly declared at approximately Tk 59 lakh in her income-tax return, according to the allegations.
The complaint further alleges that Shamsun Nahar and her husband jointly or separately held substantial financial assets that were not fully reflected in their tax returns.
Allegations Concerning Vehicles and Gold
The complaint alleges that the family uses two Toyota Corolla cars.
One vehicle, bearing registration number Dhaka Metro-GA-26-5483, is reportedly registered in Belayet Hossain’s name.
The second vehicle, bearing registration number Dhaka-GA-19-4838, was allegedly purchased in Shamsun Nahar’s name and initially registered with the Bangladesh Road Transport Authority (BRTA). The complaint claims that it was subsequently registered in the name of Rubayet Sharif, the son of Belayet Hossain’s paternal uncle-in-law, who reportedly resides in the United States, while the vehicle continued to be used by Belayet Hossain and his family.
The complaint also alleges that Belayet Hossain’s wife and daughter, Fariha Hossain Mumu, possess approximately 300 bhori of gold jewellery.
Allegations of Foreign Medical Expenses and Money Laundering
The complaint further alleges that Belayet Hossain travelled to Singapore and India for medical treatment, incurring substantial expenses.
It also contains allegations of money laundering against Belayet Hossain and Shamsun Nahar.
However, these allegations remain subject to investigation and verification by the competent authorities.
Questions Over the Delay
The central issue now is why the ACC inquiry has remained incomplete despite the collection of information being initiated from more than 70 government and private institutions in December 2024.
The ACC inquiry officer was tasked with collecting relevant records, examining the assets and financial transactions of Belayet Hossain and his family, and submitting a report to the Commission.
Yet, according to the information available, no final inquiry report has been submitted to the Commission even after approximately one year and eight months.
The delay has consequently raised questions about the progress of the investigation and whether all the allegations and financial records identified in the complaint have been adequately examined.
The allegations against Belayet Hossain, Shamsun Nahar and their family members have not been established as facts by a court or through a completed ACC investigation. The accuracy of the alleged asset values, ownership information, tax declarations and money-laundering allegations therefore requires verification through official records and the findings of the competent authorities.