The Criminal Investigation Department (CID) has filed a money laundering case against Diamond World owner Dilip Kumar Agarwala for laundering Tk 678 crore through smuggling of gold and diamonds.

The case was lodged with Gulshan Police Station under the Money Laundering Prevention Act on Monday, said Jasim Uddin Khan, special superintendent (media) of CID, on Tuesday morning.Journalism training workshops

According to a press release, the Criminal Investigation Department (CID) has filed a money laundering case against Diamond World owner Dilip Kumar Agarwala for laundering Tk 678 crore through smuggling of gold and diamonds where investigators found that the company had procured gold and diamonds from the local market through smuggling and generated a huge undeclared income.

The case statement said that Dilip has long been involved in money laundering besides his gold and diamond business in Bangladesh and abroad.