Allegations of Corruption and Intimidation Against Former Investment Adviser Salman F Rahman

Former prime minister Sheikh Hasina's investment adviser Salman F Rahman has been accused of kidnap, financial harm, and intimidation by Nazrul Islam, chairman of the Board of Trustees of Primeasia University, and former chairman of Fareast Islami insurance Company Limited. Nazrul Islam has filed cases against Salman F Rahman, alleging that he was pressured to run his business as per Salman's orders during the Awami League government. The investigation report has found that Salman used various government agencies to file cases against Nazrul, including the Anti-Corruption Commission, and even forced him to leave the country with his family.

Key Takeaways:

Nazrul Islam, chairman of the Board of Trustees of Primeasia University, and former chairman of Fareast Islami insurance Company Limited, has filed cases against former investment adviser Salman F Rahman, alleging kidnap, financial harm, and intimidation.
Salman F Rahman admitted in a statement to the court that Nazrul Islam was kidnapped, removed from his position, and financially harmed.
Nazrul Islam claimed that Salman F Rahman pressured him to run his business as per Salman's orders during the Awami League government, and threatened him with abduction, enforced disappearance, and death by misuse of police power.
A police investigation report has revealed that Salman F Rahman used various government agencies, including the Anti-Corruption Commission, to file cases against Nazrul.
Nazrul Islam was forced to leave the country with his family, and was detained by Detective Branch (DB) officials under Salman's instructions.
Salman F Rahman allegedly orchestrated the removal of Nazrul Islam from the Fareast Islamic Life Insurance Company Ltd. and formed an illegal board with his associates.
Nazrul Islam claimed that he was physically and mentally tortured to write off his shares from the company, and six fake cases were filed against him.

Statistics:

Tk 451 crore 37 lakh 68 thousand 166 was embezzled from Fareast Islamic Life Insurance Company Limited by M. A. Khaleque, former founder Director.
Tk 369.60 crore was recovered by Nazrul Islam during his tenure as chairman of Fareast Islamic Life Insurance Company Limited.
A case was filed for the remaining Tk 81.77 crore.
Two companies of the Beximco Group appointed Shibly Rubaiyat chairman of the board of directors of Fareast Islami insurance Company Limited.
An illegal board was formed with Sheikh Kabir Ahmed, uncle of former Prime Minister Sheikh Hasina, as chairman, and Md Ibrahim, a former secretary and friend of Sheikh Hasina, as vice chairman.

Sources:

The New Nation
Investigation report by the police
Case statements filed by Nazrul Islam
Reports by the Special Branch of the police