Partex Group MD and Amber Group Chairman Sentenced in Dhaka Corruption Case
What happened
A Dhaka court sentenced Showkat Aziz Russell, Chairman of Amber Group, and Ashfaq Aziz Rubel, Managing Director of Partex Group, to jail following a conviction on October 13, 2026. The conviction related to irregularities in plot allocations under the Purbachal Residential Project. Rubel and Russell were each sentenced to seven years in prison and fined Tk 10 lakh for abetting criminal misconduct, plus seven more years and Tk 10 lakh each for abetting criminal breach of trust.
From thedailystar.net
Why it matters
The ruling involves irregularities in a major residential project in Dhaka. This high-profile corruption case could undermine regulatory stability and investor confidence in Bangladesh.
From thedailystar.net
Who's involved
- RubelManaging Director of Partex Group, convicted in the corruption case.
- Partex GroupIndustrial conglomerate involved in the Purbachal Residential Project.
- DhakaLocation where the residential project and court proceedings took place.
- RUSSELLChairman of Amber Group, convicted in the plot corruption case.
- Abdus SalamJudge who passed the order rejecting the bail petition.
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The entities involved
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Rubel
Brazilian singer
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Partex Group
industrial conglomerates
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Dhaka
capital and largest city of Bangladesh