The New Nation - Internet Edition

UNB, Dhaka

A special anti-graft court yesterday sentenced the fugitive chairman of Orion Group, Obaeidul Karim, to 13 years rigorous imprisonment for amassing wealth illegally and concealing information about it.

Passing the sentence, Judge Khondker Kamal Uzzaman also fined him Tk 10 lakh, in default, to suffer another year behind bars.

Besides, the court ordered confiscation of his ill-gotten property worth Tk 51 crore.

Earlier on December 27 last year, another special court that deals with high-profile corruption cases under the current purge jailed Karim, also a major shareholder of the troubled private-sector Oriental Bank, for life for inter-branch debit-account fraud.

"The sentence comes into effect after his arrest or surrender to the court," says the court order.