Mosaddek Ali Falu
Mosaddek Ali Falu (b. 7 April 1960) is a Bangladeshi politician and a former parliamentarian from BNP. He served as the political secretary to the Prime Minister of Bangladesh Begum Khaleda Zia between 2001 and 2006. He was in jail charged for corruption by the army backed government between 2007 and 2008, and is currently out on bail
Political secretary to the Prime Minister
Falu began his career in politics as the political secretary to Prime Minister Begum Khaleda Zia. He became a close companion to the Prime Minister, earning her trust. Evidence of this closeness includes Falu being delegated important duties and accompanying Khaleda Zia during her umrahs, among others.
In light of Khaleda's two-way loyalty strategy Falu was allowed to contest for the 2004 by-election of the Dhaka-10 constituency when BNP parliamentarian M A Mannan's defection to Bikalpa Dhara Bangladesh meant that the seat was vacant (defection from a political party automatically results in the parliament seat to be vacated under Article 70 of the Constitution). Falu won the elections, but the polls were considered to be sham by most observers, and according to WikiLeaks, including the United States.
He was sworn in hastily, only after 30 minutes of the release of the official gazette, raising questions. It takes at least 6 hours to prepare for oath-taking after the release of a gazette, and swear-ins from other by-elections were held about a week after official results.
Following the resignation of Iajuddin Ahmed's caretaker government in January 2007 and the ascension of an army-backed caretaker government, Falu was among the first of many to be arrested on corruption charges - he was arrested on 5 February 2007. Soon after his arrest, 15 spotted deers reared illegally were retrieved from Falu's retreat in Savar, and his Savar retreat was ultimately valued at 153 crore taka ($ 22.5 million). He was further charged on multiple counts.[clarification needed]
Falu was found guilty on charges of relief embezzlement on June 2, 2008, after spending over a year in prison. He was sentenced 5 years in prison and a fine of 5.35 lakh taka ($ 7,133) or a further one year. The special court convened within parliament campus.
While in jail, he was entitled to division by virtue of being a former parliamentarian. However, he lost division in December 2008 when he was found to have held a meeting with another politician, Islami Oikya Jote leader Mufti Shahidul Islam at Dhaka Medical College Hospital. Previously, an iPod was confiscated from him. He was then sent to Kashimpur jail as a common prisoner. On 18 December 2008, the High Court ruled Falu's detention illegal and ordered bail. He was released on 22 December.
In another lawsuit regarding the accumulation of wealth illegally and withholding information on assets, the Court halted grafts case and asked the government to explain why the lawsuit should not be scrapped.
He was granted anticipatory bail on another relief embezzlement charge in August 2010.
Falu is the managing director of the private Bengali language channel NTV since 2001, and the Chairman since 2003. Among other businesses he also owns the Bengali language newspaper Amar Desh. Given that NTV's news is avidly followed in the country, Falu can be considered a media mogul.
He also is the chairman of a large private sector bank in the country. His industrial investments include a joint venture with China for manufacturing ceramics, steel fabrication manufacturing company, health care, and consumer products manufacturing company.
The probe committee of the 2011 share market scam in Bangladesh identified Mosaddek Ali Falu among the 20 individuals involved in masterminding the scam to their personal benefits; specific evidences were available against Falu according to the report. The probe committee found Falu, among others, to operate multiple omnibus accounts used perform the chicanery. However, the Finance Minister AMA Muhith stated that the state would neither disclose the names of the accused officially nor take punitive measures without further investigation.
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- Bangladesh Constitution. 4 November 1972. pp. Article 70. Retrieved 22 September 2011.
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- "Falu, ex-min Altaf stopped at airport". bdnews24.com. 17 February 2009. Retrieved 22 September 2011.
- "HC halts graft cases against Falu, Hashem". bdnews24.com. 20 July 2009. Retrieved 22 September 2011.
- "Milan's pleas rejected, Falu gets bail,". bdnews24.com. 4 August 2010. Retrieved 22 September 2011.
- Karim, Anwarul (8 April 2011). "Probe report mentions 20 masterminds of stock-market scam". Banglanews24.com. Retrieved 14 October 2011.
- "Further probe needed before action: Muhith". The Daily New Age. 9 April 2011. Retrieved 14 October 2011.
- Rejaul Karim Byron; Md Fazlur Rahman (9 April 2011). "Finger pointed at 60 individuals". The Daily Star. Retrieved 14 October 2011.