Giasuddin Al Mamun is a Bangladeshi businessman. He is a friend and business partner of

Tarique Rahman Tarique Rahman (born 20 November 1965), better known natively as Tarique Zia, is a Bangladeshi politician and businessman who has been the acting chairman of Bangladesh Nationalist Party (BNP) since February 2018. He is the eldest son of fo ...

. Mamun owned the now-defunct television channel Channel 1. He was accused in more than 19 cases relating to extortion, corruption, illegal arms possession, and tax evasion.

Career

Mamoon was a school friend of

. In 1991, he became a businessman with an investment of Tk. 39,000. By 1996, his wealth reached Tk. 33.94 crore with 45 banks accounts in

Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by ...

and abroad. He accumulated even more money during the rule of the next BNP-led coalition government from 2001 to 2006 due to his close relations with Tarique Rahman, son of former Prime minister and BNP politician,

Begum Khaleda Zia Begum Khaleda Zia (born August–September 1945) is a Bangladeshi politician who served as the prime minister of Bangladesh from 1991 to 1996 and again from 2001 to 2006. She was the first female prime minister of Bangladesh and the second fema ...

. He earned hundred of crores of taka by selling concrete poles to the

Rural Electrification Board The Bangladesh Rural Electrification Board or BREB, is government organization in Dhaka, Bangladesh and is responsible for rural electrification. It is the largest power distribution organization in Bangladesh. BREB has brought all the 461 upazi ...

via his business firm, Khamba Ltd.

Charges and convictions

Mamun was arrested by the police in 2006 during the 2006–08 Bangladeshi political crisis on an illegal arms case. His house was raided and an illegal

revolver A revolver is a repeating handgun with at least one barrel and a revolving cylinder containing multiple chambers (each holding a single cartridge) for firing. Because most revolver models hold six cartridges before needing to be reloaded, ...

was found, because of which he was sentenced to 10 years of imprisonment. The raid came after an official of Abdul Monem Limited filed a case against Mamun for taking Tk. 1.17 crore as extortion. Mamun was prosecuted by the Anti-Corruption Commission (ACC) for acquiring Tk. 101 crore beyond his known source of income in May 2007. In 2008, a court in Dhaka ordered a 10-year prison term for Mamun and 3 years for his wife, Shahina Yasmin, after the charges were proven. Yasmin surrendered to the court in April 2010 and was sent to prison. The High Court acquitted them of the charges in 2012 but the Supreme Court cancelled the High Court verdict in November 2015. In 2009, Mamun was prosecuted by ACC on a charge of laundering Tk. 204 million to Singapore. In 2011, an FBI agent, Debra Laprevotte, testified against Mamun in court. He was sentenced to seven years in jail and fined Tk. 400 million in November 2013 in a Dhaka court by Third Special Judge Motahar Hossain. His co-defendant,

, was acquitted. Justice Motahar left the country soon after declaring his verdict. In July 2016, the High Court reduced Mamun's fine to Tk 200 million. In April 2019, Mamun was further sentenced to 7 years in prison on a money laundering case in which he was convicted of laundering £400 thousand to the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

. Mamun received bail on 6 August 2024 after the fall of former Prime Minister

Sheikh Hasina Sheikh Hasina (''née'' Wazed; born 28 September 1947) is a Bangladeshi politician who served as the tenth prime minister of Bangladesh from June 1996 to July 2001 and again from January 2009 to August 2024. Premiership of Sheikh Hasina, Her ...

. On 5 December 2024, he was acquitted by the high court of Bangladesh in the money laundering case.

Personal life

Mamun was married to Shahina Yeasmin, with whom he has 3 children. She was jailed in 2010 after charges against her of amassing Tk. 9.22 crore illegally were not proven. His brother is Hafiz Ibrahim, a BNP politician from

Barisal Barisal ( or ; , ), officially known as Barishal, is a major city that lies on the banks of the Kirtankhola river in south-central Bangladesh. It is the largest city and the administrative headquarter of both Barisal District and Barisal Divi ...

. His father, Zainul Abedin, was a former pilot of the

Pakistan Air Force The Pakistan Air Force (PAF) (; ) is the aerial warfare branch of the Pakistan Armed Forces, tasked primarily with the aerial defence of Pakistan, with a secondary role of providing air support to the Pakistan Army and Pakistan Navy when re ...

. His mother, Mosammat Halima Khatun, died on 25 September 2019 at a hospital in

Dhaka Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list o ...

References

{{DEFAULTSORT:Mamun, Giasuddin Living people Bangladeshi businesspeople Place of birth missing (living people) Date of birth missing (living people) Year of birth missing (living people)