Hafiz Ibrahim (politician)

From 1994 to 2003, Ibrahim served as the director of Rupali Bank Limited.^[6] He was re-elected to board in 2003 despite Bangladesh Bank seeking an explanation why a director had served more than 6 years in a row at the bank against its rules.^[6] Rupali Bank was of the opinion as a state owned Bank that rule did not apply to them.^[6] Bangladesh Bank removed him in 2005.^[7] Syed Muhammad Yunus, a tubewell businessman, admitted to the Anti Corruption Commission that he embezzled 240 million taka from the bank with the help of Ibrahim.^[8]

In February 2007, the Anti-Corruption Commission (ACC) published a list of 50 persons of top corrupt suspects which included Ibrahim's name.^[9][10] After the deadline of 72 hours to submit the wealth statements, Ibrahim was arrested by the joint forces.^[11][12]

In October 2007, ACC investigation found Ibrahim and his younger brother, businessman Giasuddin Al Mamun guilty of illegally amassing Tk 171 crore in the preceding five years.^[11]

In May 2007, ACC filed the cases against the couple and a special court indicted the couple in November the same year.^[13][14][15] He was released on bail from Dhaka Central Jail in February 2009.^[16] In October 2011, following an appeal filed by Ibrahim, the High Court acquitted both of them of the corruption charges.^[17] But in August 2015, the Supreme Court scrapped those High Court acquittal verdicts.^[18][19]

In December 2008, nomination paper for the election from Bhola-2 constituency of Ibrahim was rejected as he was a convict in criminal cases and accused of total 18 cases.^{[20][21][22][23]}

In August 2011, ACC filed a case against Ibrahim and his wife for laundering $1.75 lakh to Singapore.^[24][25] A Dhaka court in December 2012 granted bail to them.^[24] In October 2012, the Supreme Court stayed the money laundering case.^[26]

In July 2013, a Barisal court framed charges against Ibrahim in a case filed over misappropriating relief items of corrugated tin.^[3][27]