The Criminal Investigation Department (CID) has opened an investigation into Jahangir Alam, also known as “Pani Jahangir.” He is accused of laundering money abroad, with claims that he has accumulated a wealth of Tk400 crore.
According to a press release from the CID, signed by Special Superintendent of Police Azad Rahman, Jahangir, who owns AK Real Estate Limited, allegedly transferred a large sum of money to the United States using hundi, an informal money transfer system.
Jahangir began his career at Sheikh Hasina’s residence, Sudha Sadan, where he was responsible for delivering food and water during events, which earned him the nickname “Pani Jahangir.” After Sheikh Hasina became Prime Minister, he continued working for her and began to portray himself as a personal assistant, claiming to have significant influence.
The CID’s statement reveals that Jahangir has built considerable wealth, including assets in both Noakhali and Dhaka. His wife, Kamrun Nahar, reportedly has assets worth Tk7.3 crore, which include a 2,360 sq ft apartment in Dhanmondi, a car, and Tk73 lakh in business capital, along with Tk1.17 crore in bank deposits.
Jahangir is said to own agricultural and non-agricultural land worth Tk4 crore in his home district, as well as two shops in Mohammadpur and New Market, a seven-storey building, and two flats in Mirpur, plus a house in his village and a four-storey house on his ancestral property in Chatkhil, Noakhali.
His financial assets include Tk2.52 crore in cash and bank deposits, a DPS of Tk2.75 lakh, an FDR of Tk1.3 crore, and his wife’s bank balance of Tk27.97 lakh, along with other investments.
Previously, on August 20, the Anti-Corruption Commission (ACC) had also begun investigating Jahangir for alleged corruption and irregularities.
Credit: The Business Standard
