United States Recovery
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The US Department of Justice has moved to confiscate nearly $3 million from Arafat Rahman Koko's bank accounts in Singapore. The forfeiture action against the funds, held by multiple account holders, was filed in January of 2009 in a US district court in the District of Columbia.
The Justice Department is seeking a forfeiture action against those accounts that are thought to be the proceeds of a conspiracy to bribe then ruling Bangladeshi National Party members and their families, in connection with various public works projects; at least one payment to each of the suspected consultants was paid from a US bank account.
News articles citing statements from Bangladeshi Law Minister Shafique Ahmad that representatives from USDOJ and Fedous Ahmed from the United Kingdom's Institute of Management were assisting in investigations to recover stolen assets estimated as high as US $200,000,000.
Donors
Case of Arafat Rahman Koko
| Allegedly Involved: | US 200,000,000 |
| Frozen So Far: | US 3,000,000 |
| Traced So Far: | US 3,000,000 |
| Recovered: | |
| Origin: | Bangladesh |
Case info
- United States Recovery
Status: Trial Opened: 1/8/09 Frozen: 3,000,000 Jurisdiction: United States of America AR Mechanism: Non-Conviction Based - In Rem
Countries Involved
The following countries are linked to this case:
Document Source
| Title | US Department of Justice Seeks to Recover Approximately $3 Million in Illegal Proceeds from Foreign Bribe Payments |
| Publisher | US Department of Justice |
| Pub. date | Fri, 9 Jan 2009 |
| Website | http://www.usdo…09-crm-020.html |