CHATTOGRAM, June 23, 2024 (BSS)- A Chattogram court   today recorded the testimonies of   seven more witnesses in a case against former land minister Saifuzzaman Chowdhury Javed and 35 others, over  alleged embezzlement and laundering of TK 25 crore from United Commercial Bank Ltd (UCBL).
 
With this, the total number of witnesses who have testified in this case now stands at 27.

The testimonies were taken today (June 23) in the court of Chattogram Divisional Special Judge Mizanur Rahman. 
  
Earlier, on January 5, the investigation officer of the case, Deputy Director Md. Mashiur Rahman from the ACC Head Office, submitted the charge sheet to the Chattogram Metropolitan Senior Special Judge Court. 

Advocate Mokarram Hossain, the Public Prosecutor of the Anti-Corruption Commission (ACC), said that the court has scheduled the next phase of testimony for July 13. 

According to the charge sheet, Farman Ullah Chowdhury, the protocol officer of Aramit Group, was granted a loan of TK  25 crore from UCBL by false claim as the owner of a business entity called Vision Trading. Subsequently, Saifuzzaman Chowdhury Javed withdrew the funds through his employees and illicitly siphoned off abroad through hundi for the purpose of purchasing property. 
 
The charge sheet specifies that the embezzlement occurred between October 13, 2019, and February 13, 2020.

On July 24, 2025, Md. Mashiur Rahman, the Deputy Director of the ACC Head Office, initiated a case at Chattogram District Office-1 against 36 individuals, including Javed and his spouse. 
 
The ACC has submitted charge sheet against a total of 36 individuals, after the investigation.

A total of 92 individuals have been listed as witnesses in the charge sheet. The judicial proceedings focus on accusations of money laundering involving a shell company known as Vision Trading. 

According to the details of the case, the accused allegedly circumvented the regulations of United Commercial Bank Ltd (UCBL) to obtain a loan of TK 25 crore between October 2019 and February 2020. This sum was purportedly laundered overseas through hundi, an informal money transfer method. 

On March 11, the court formally charged the 36 defendants, including the former minister.