Jubo League leader and controversial contractor GK Shamim has been acquitted in the High Court in a money laundering case filed on charges of laundering about Tk 195 crore in Singapore and Malaysia. At the same time, the court has also acquitted his seven bodyguards from four years of imprisonment.

On Thursday, a High Court bench headed by Justice ASM Abdul Mobin and Justice Md. Jabid Hossain announced the verdict.

Earlier, on July 17, 2023, Dhaka's Special Judge Court-10 sentenced GK Shamim to 10 years in prison under the Money Laundering Act and sentenced his seven bodyguards to four years in prison each and a fine of Tk 3 crore 83 lakh 35 thousand.

The names of the bodyguards are: Md. Delwar Hossain, Md. Morad Hossain, Md. Zahidul Islam, Md. Shahidul Islam (alias Sharif), Md. Kamal Hossain, Md. Shamsad Hossain and Md. Anisul Islam.

The High Court verdict said that the bank accounts and movable properties seized by GK Shamim will be released. The lawyers for the accused were Ruhul Quddus, Parvez Hossain, Zahid Hossain Dolon, Jobair Hossain Sajib and Ziaur Rashid Tipu.

Lawyer Parvez Hossain said, “The High Court has granted the appeal of all the accused and has completely acquitted them.”

It is worth noting that on September 20, 2019, a huge amount of cash, FDRs, firearms and foreign liquor were recovered in a RAB operation at GK Shamim’s business establishment in Niketan, Gulshan, in the capital. At that time, GK Shamim and his seven bodyguards were arrested and later several cases were filed against them.