STAFF CORRESPONDENT

The Criminal Investigation Department (CID) has filed a Tk 115.58 crore money laundering case against Unique Group chief Mohd Noor Ali and Borak Real Estate over allegations of building a 28-storey structure on government land in Banani and laundering earnings from hotel operations there.

In a press release issued yesterday, the CID said preliminary findings found evidence that the accused illegally earned and laundered Tk 115,58,24,707 by operating a hotel business in an unauthorised building.

The CID alleged irregularities and fraud in the “Banani Super Market cum Housing” project on government land under DNCC control.

The case was filed with Banani Police Station on May 7 under sections 4(2) and 4(4) of the Money Laundering Prevention Act-2012.

According to the CID, Borak Real Estate had an agreement to construct a 14-storey building in The

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