The Directorate of Customs Intelligence and Investigation has received information about the smuggling of about 300 crore rupees under the guise of export of ready-made garments. The agency has also identified 10 organizations involved in trafficking. This money has been smuggled to various countries including France, Canada, Russia, Slovenia, Panama.
These 10 companies are Pragya Fashion Limited, Fashion Trade, MDS Fashion, Hong Kong Fashions Limited, Three-Star Trading, Fortune Fashion, Anupam Fashion Wear Limited, Pixie Knit Wears Limited, Stylize BD Limited and Eden Style Tex.
Shasmul Arefin Khan, Joint Director of Customs Intelligence Department, confirmed this information on Monday (September 4) morning.
He said that the exporting companies have forged the bill of export and exported the goods using the EXP of other exporting companies. They have used sample code 20 in column number 24 of the bill of export. In this case, the export money has been smuggled abroad without any money coming to the country.
He also said that on review of the relevant documents of the companies, it can be seen that the companies are exporting products such as T-shirts, tops, ladies dresses, trousers, baby sets, polo shirts etc. to countries like United Arab Emirates, Malaysia, Qatar, Saudi Arabia and Nigeria through fraud. money laundering
During the investigation, 10 exporting companies have committed such fraud in 1 thousand 234 shipments at different times. Against these consignments that have been exported, the amount of goods is 9 thousand 121 tons, the potential amount of repatriable foreign exchange is 3 crore 53 lakh 66 thousand 918 US dollars or about 300 crore taka.
It is known that customs detectives have found evidence that the companies have smuggled a large amount of money using the code of the bill of export. No match was found between Bill of Export and EXP information of 10 institutions and none of the 10 institutions obtained from South East Bank were liens to that bank.
Pragya Fashion Limited
Pragya Fashion Limited located at Ashulia in Savar laundered money through 391 export consignments including 383 in 2019 and 8 in 2020. 3 thousand 80 tons of T-shirts, pants, tank-tops, pajamas etc. have been exported to countries like United Arab Emirates and Malaysia. The value of exported goods is about 1 crore 8 lakh 41 thousand 699 US dollars or 92 crore 4 lakh 60 thousand 245 taka. C&F agents Chittagong companies MAJ Shipping Corporation, Rianka International, AndJ Trade International, JJ Associates and Express Forwarders involved in the organization’s export fraud.
Fashion trade
The institution located in Gulshan of the capital has been found to have committed fraud in 249 export consignments including 73 in 2020, 116 in 2019 and 57 in 2018. 1 thousand 779 metric tons of T-shirts, pants, tank-tops, pajamas etc. have been exported to countries like United Arab Emirates, Qatar, Philippines, Nigeria, Singapore, Australia, Thailand, Sudan, Malaysia etc. The value of exported goods is about 80 lakh 51 thousand 640 US dollars. The amount in Bangladeshi Taka is 68 crore 35 lakh 84 thousand 236 Taka. The C&F agents involved in the fraud are MJ Shipping Corporation, Ryanka International and A&J Trade International.
MDS Fashion
In 2020, the company named MDS Fashion, located in Uttara, Dhaka, committed fraud in 182 export consignments. Exports include 1,376 tonnes of T-shirts exported to the United Arab Emirates, Malaysia, Nigeria, Qatar and the Philippines. The price of which is about 51 lakh 82 thousand 586 US dollars or 44 crore 1 thousand 551 taka. The C&F agents involved in the export fraud of this organization are A&J Trade International of Chittagong, GR Trading Corporation and Pan Bengal Agency.
HONG KONG FASHIONS LIMITED
The company, located in Tongi, Gazipur, committed fraud in 156 export consignments in 2018, 2019 and 2020. It is said to have exported 1,961 tons of T-shirts. Evidence has been found that most of the goods have been smuggled to the United Arab Emirates, Canada, Qatar, Nigeria, Kuwait, Malaysia and other countries worth 4789606 USD or 4066637586 Tk. C&F agents involved are M A J Shipping Corporation, Pan Bengal Agency, Parag SMS Limited, Riyanka International and AK International.
Three-Star Trading
The company, located in Banani, Dhaka, was found to have committed fraud in 120 export consignments in 2010. 816 tonnes of t-shirts were exported in the exported goods shipments. 30 lakh 53 thousand 108 US dollars or 25 kt 92 lakh 8 thousand 869 taka in the name of export to Malaysia, Philippines, Canada, Egypt etc. The C&F agents involved in the export fraud are GR Trading Corporation, Pan Bengal Agency, RSC&F Limited and A&J Trade International.
Fortune Fashion
The company, with an address in Mirpur, Dhaka, committed fraud in 59 export consignments in 2018 and 2011. Evidence has been found that 435 tons of t-shirts were exported to the United Arab Emirates, Malaysia, Philippines, Egypt, Canada, etc. and smuggled worth 15 lakh 24 thousand 813 US dollars or 12 crore 94 lakh 59 thousand 623 taka. The involved C&F agents are Ryanka International, A&J Trade International and M/S A. K Enterprises.
Anupam Fashion Wear Limited
The company with the address of Kachukshet in the capital laundered money through 42 export challans in 2020. About 8 lakh 77 thousand 470 US dollars or 7 crore 44 lakh 97 thousand 200 taka have been smuggled in goods consignments of 195 tons of t-shirts against exports to countries like United Arab Emirates, Belgium, Nigeria, Georgia, Malaysia etc. The C&F agents involved are Pan Bengal Agency, A&J Trade International, JJ Associates, GR Trading Corporation and NH Corporation.
Pixie Knit Wears Limited
The company, located in Tongi, Gazipur, exported 170 tonnes of t-shirts in 2020 by defrauding 20 export consignments. United Arab Emirates, Malaysia, Qatar, Kuwait, Philippines, Nigeria, Sri Lanka and other countries have smuggled 5 lakh 96 thousand 282 US dollars or 5 crore 6 lakh 24 thousand 341 taka. The C&F agents involved are – GR Trading Corporation and NH Corporation.
Stylize BD Limited
Using the capital’s Shahbagh address, the company forged 10 export invoices and exported 66.8 tonnes of T-shirts in 2020. Most of the consignments smuggled about 2 lakh 55 thousand 629 US dollars or 2 crore 17 lakh 2 thousand 902 against the export to countries like France, Canada, Russia, Slovenia, Panama etc. The C&F agents involved are – GR Trading Corporation, Pan Bengal Agency and KRSC & F Limited.
Eden Style Tex
In 2010, the company committed fraud in 8 export consignments using an address in Rajdhanari Khilkshe. 42 tons of t-shirts were exported to countries like Oman, Junai, Malaysia, Sri Lanka etc. and smuggled about 1 lakh 94 thousand 85 US dollars or 1 crore 64 lakh 77 thousand 816 taka. The C&F agents involved in the export fraud are GR Trading Corporation, Pan Bengal Agency and KRS C&F Limited.
