Bangladeshi banker Proshanta Kumar Halder, alias Shib Shankar Halder or PK Halder, who opened a can of worms that exposed $123 million of kickbacks to Bangladesh PM Sheikh Hasina’s son Sajeeb Wazed Joy, was severely assaulted inside Kolkata’s Presidency Correctional Home.
The assault and the resultant injuries suffered by Halder, whose revelations to the ED about the kickbacks were exposed by an Indian newspaper on September 8, were brought to the notice of a Kolkata CBI court on April 28, 2023.
Passing orders, a Special CBI court — where a chargesheet in the money laundering case against Halder and five of his associates was filed on July 16, 2022 — said, “The facts involved relates to a very serious incident of attack inside the Correctional Home.
“Hence, let a copy of this petition be sent to the Superintendent of Presidency Correctional Home, Alipore asking him to submit a report in this regard and the action taken by him by the next date i.e. on 16.05.2023”.
The judge also observed that “on 22.04.2023 and on another subsequent date, he (Halder) was attacked inside the Presidency Correctional Home, Alipore”.
Who is PK Halder?
PK Halder is a former managing director of the International Leasing and Financial Services Limited (ILFSL) and NRB Global Bank.
On 8 October 2023, a court in Dhaka convicted and sentenced Proshanta Kumar Halder, alias PK Halder, former managing director of the then NRB Global Bank and Reliance Finance, to 22 years in jail in a case lodged over amassing illegal wealth and laundering the money abroad.
The court also convicted and sentenced the other 13 accused to seven years of jail each. Of the 13, Abantika Boral, Shonkho Bepari, Sukumar Mridha, and Anindita Mridha were present at the court during the pronouncement of the judgment.
Other convicts are Sukumar Mridha, Anindita Mridha, Avantika Baral, Shankh Bepari, PK Halder’s mother Lilavati Halder, Purnima Rani Halder, Uttam Kumar Mistri, Amitabh Adhikari, Pritish Kumar Halder, Rajib Som, Subrata Das, Anang Mohan Roy and Swapan Kumar Mistri.
PK Halder is now behind bars in India.
Narendra Modi Intervened
Bharatpol is an Indian crime monitoring portal under the Central Bureau of Investigation, formed to exchange information quickly and enable Indian law enforcement agencies to communicate with other international law enforcement agencies.
Officials at Enforcement Department (ED) sources and legal officials involved in the case expressed shock at the unprovoked attack on Halder by unidentified persons who they suspect acted “at the behest of external forces.”
Speaking to an Indian newspaper, Enforcement Department (ED) Public Prosecutor Arijit Chakrabarti confirmed the veracity of the September 8 report, which revealed that kickbacks totalling $123 million were paid to Bangladesh Prime Minister Sheikh Hasina’s son Sajeeb Wazed Joy in 2014.
Narendra Modi directly intervened in CBI cases and tortured PK Halder at Superintendent of Presidency Correctional Home to withdraw Sajeeb Wazed’s name from the case.
Timeline of the PK Halder Graft Case
On October 4, 2020 the court fixed the date upon ending arguments from the both Anti-Corruption Commission (ACC) and the defendants.
On 8 January, 2020, Anti Corruption Commission (ACC) Deputy Director Mamunur Rashid Chowdhury filed a case against PK Halder on charges of amassing wealth illegally and money laundering worth Tk275 crore.
On September 8 last year, the same court framed charges against PK Halder and 13 others in the case.
Halder, along with five others, were detained in Ashoknagar of the Indian State of West Bengal in the morning of May 14, 2022.
According to the case, PK Halder and his other associates have embezzled thousands of crores of Bangladeshi Taka and siphoned off to India and other countries.
On March 1, 2021, PK Halder fled Bangladesh through Jessore’s Benapole land port.
In January, 2021, the ACC filed five cases against 33 people, including Halder, for allegedly laundering over Tk350 crore of International Leasing and Financial Services Limited (ILFSL).
CBI’s Enforcement Department (ED) chargesheet
The ED chargesheet documents the names of relatives and associates of apex level politicians, from across the Bangladeshi political spectrum, who were paid kickbacks or received “financial benefits” for the award of business contracts to a powerful and influential businessman Mohammad Saiful Alam.
A resident of Singapore, Alam is the chairman of Reliance Finance Ltd and NRB Global Bank Ltd besides other businesses in Bangladesh and other Southeast Asian countries.
Halder, who was managing director of Reliance Finance Ltd between 2009 and 2015, said in his supposed confession to the ED that in 2014, in a deal involving a 1300 MW power plant in Bangladesh, Md. Saiful Alam made a windfall gain of $246 million.
“This favour was extended by the previous Bangladesh government, in lieu of kickbacks/financial benefits extended to Mr Sajeeb Wazed Joy…by Md. Saiful Alam to the tune of $123 million,” Halder’s disclosure statement to the ED reveals.
Within a week after his arrest by the Enforcement Directorate (ED) at Ashoknagar in West Bengal’s North 24 Parganas in May 2022 on charges of money laundering, a Bangladeshi banker revealed to his interrogators that kickbacks to the tune of $123 Million were allegedly paid to the Bangladesh Prime Minister Sheikh Hasina’s son Sajeeb Wazed Joy in 2014, according to ED documents accessed by Indian Newspaper.
SS Power Plant and PK Halder Graft
The documents disclose the names of relatives and associates of apex-level politicians from across the Bangladeshi political spectrum who were paid kickbacks or received “financial benefits” for the award of business contracts to a powerful and influential businessman, Mohammad Saiful Alam. A resident of Singapore, Alam is the chairman of Reliance Finance Ltd and NRB Global Bank Ltd, as well as other businesses in Bangladesh and other Southeast Asian countries.
Halder, who was managing director of Reliance Finance Ltd between 2009 and 2015, said in his supposed confession to the ED that “In the year 2014, I was engaged by Md. Saiful Alam to negotiate with the Chinese side (for a 1300 MW capacity power plant in Bangladesh with Chinese equity participation) on financial and technical issues of the said power plant, on his behalf.
“The power plant cost was initially meant to be $1.5-1.6 billion, but the same was fraudulently increased to around $2.5 billion by showing the value of the land at much inflated prices. Md. Saiful Alam also inflated the construction costs of the power plant. The power plant was financed by Islamic Bank Bangladesh Ltd, which is owned and controlled by Md. Saiful Alam,” according to the statement.
SS Power Limited, a concern of S Alam Group, allegedly laundered $815.78 million from Bangladesh between 2019 and 2023 through misuse of two Letters of Credit (LCs) meant for importing capital machinery for a 1320MW coal-based power plant in Chattogram.
“Also, a tax exemption relating to customs duty on imports of certain components for the said power plant was granted to Md. Saiful Alam, which led to a gain of about $246 million for his company. This favour was extended by the present Bangladesh government in lieu of kickbacks/financial benefits extended to Mr Sajeeb Wazed Joy…by Md. Saiful Alam to the tune of $123 million,” the disclosure statement to the ED reveals.
Sajeeb Wazed has not publicly appeared in Bangladesh over the past two years until his mother, Sheikh Hasina, was ousted from Bangladesh, fled to India and is believed to be living abroad in Virginia, USA. However, he has occasionally surfaced in Oman and the US during this period.
The documents could not be independently verified by Indian newspaper but Halder’s disclosure of the “big” names during his interrogation was confirmed by ED public prosecutor in the case, Arijit Chakraborty, who in July 2022 said that the arrested Bangladeshi banker revealed that influential people in India as well as Bangladesh were involved in the “embezzlement”, stopping short of individually identifying them publicly. Since then, however, the ED’ s case has not progressed beyond the routine court procedures.
Shib Shankar Halder, who went by the assumed name of Proshanta Kumar Halder before his arrest at Ashoknagar in North 24 Parganas, along with five other associates, also Bangladeshis, was arrested by the ED on May 14, 2022.
According to ED documents, the arrests were made following “search operations” at 11 premises linked to Halder. Under Section 50(2) of the Prevention of Money Laundering Act, 2002, charges were slapped against Halder and his five associates.
It was found during the searches, the ED claimed in a May 15 document, that Halder, “along with his other associates fraudulently obtained various (Indian) government identities like ration card, voter identity card and Aadhar card” in West Bengal. They claimed to have “ascertained” that “these Bangladeshi nationals…also managed to float companies in India on the basis of fraudulently obtained identities and…even purchased properties in West Bengal”.
As the ED dug deeper, following an official investigation request to the Indian authorities by Bangladesh’s Anti-Corruption Commission (ACC) earlier last year, it found that the scale of the scam and kickbacks to be massive and widespread – to the tune of $854 million involving bank fraud in Bangladesh, siphoning off money to other countries. Besides his Bangladeshi and fake Indian passports, Halder was found to be in the possession of a Grenada passport. The ED found that an Interpol ‘red corner’ notice was pending against Halder at that time.
According to his statement to the ED, Halder alleged during his interrogation that Alam has “effective control over six banks,” one non-banking financial institution, two general insurance companies, and two life insurance companies. Besides, he owns two merchant banks and has membership on the Dhaka and Chittagong stock exchanges in the “name of three companies controlled by him.”
According to Halder’s statement, in four banks (First Security Islam) Bank Ltd, Union Bank Ltd, Global Islami Bank Ltd and Social Islami Bank Ltd, “about 60 percent of the total credit facility has been given to different dummy companies/entities of Md. Saiful Alam”. At the same time, “almost 20 percent loan portfolio of these banks has been given to the directors of other banks”, including IFIC Bank that is owned and run by Salman Rehman, the industrial advisor to the Bangladesh prime minister. Halder adds in his statement that the “total borrowing of Md. Saiful Alam and the entities managed and controlled by him and his family members, from Government and other private banks, is to the tune of more than Taka 20,000 crore,” he alleged.
“Md. Saiful Alam, by virtue of his considerable financial resources…controls the levers of many important government departments and organisations in Bangladesh. He wields considerable influence in the appointment of the heads of top four government organisation(s) of Bangladesh viz. the Anti-Corruption Commission (ACC), Directorate General of Forces Intelligence (DGFI), Inspector General of Police (IGP) and Ministry of Law (Office of the Law Ministry),” Halder said in his statement to the ED.
The document also details Alam’s donations to Bangladesh’s political parties, including the Awami League and Hefajat-e-Islam. “He donated around $123 million to the Awami League in the last two elections held in 2014 and 2018,” Halder claimed. Of the donated money, “an amount of Taka 100 crore was arranged through me, by Md. Saiful Alam to his two companies,” Halder’s statement said.
$7 Billion Corruption
On December 17, Bangladesh’s anti-corruption commission started another inquiry into $7 billion corruption allegations against Hasina, Sajeeb, Hasina’s younger sister Sheikh Rehana, and Rehana’s daughter and British minister Tulip Siddiq.
According to the allegations, corruption involving $7 billion occurred in nine projects, including the Rooppur Nuclear Power Plant and the Special Ashrayan Project, during the Awami League government between 2009 and 2023.
Sajeeb Wazed and his car fantasy
The FBI found eight luxurious vehicles owned by Sajeeb –– 2018 Mclaren 720S worth $2,50,578, 2018 Mercedes-Benz AMG GT worth $1,09,806, 2015 Mercedes-benz S-class worth $51,008, 2016 Mercedes-Benz Sl-class worth $73,570, 2015 Lexus GX 470 worth $30,182, 2016 Land Rover Range Rover worth $37,586, 2003 Jeep Grand Cherokee worth $ 7,491 and 2001 Grand Cherokee worth $ 4,477.
According to the FBI report, the US intelligence agency discovered bank accounts of Sajeeb in Hong Kong and Cayman Island and found suspicious money transfers to Washington DC, New York and London through a local money exchange company.
The FBI has contacted its counterpart in the United Kingdom to look into Sajeeb’s suspicious activates, said the report saying that these findings raised serious concerns about potential illicit activities and necessitated further examination.
Wazed was allegedly involved in DUI and other crimes in the past. Wazed and his family continued to rob wealth from Bangladesh to different countries.
Sajeeb Wazed’s Fake business entities
Sajeeb Wazed has been operating multiple fake companies, namely- Blue Ridge Investment and Finance LLC, Business Consulting Services (address:619 Springvale Rd, Great Falls, VA 22066), Wazed Consulting Inc (address: 3817 Bell Manor Ct, Falls Church, VA 22041) and Nova Bd International, LLC (address:5723 Harvest Hill Rd, Dallas, TX 75230) to launder money from Bangladesh. Sajeeb Wazed has registered multiple addresses as 3817 Bell Manor Ct, Falls Church, VA 22041 and 10411 Parkerhouse Dr, Great Falls, VA 22066. Wazed’s registered mobile number was +1 703 622 3033.
Sazed’s previous addresses in the U.S.
| Name | Address | Phone |
| Sajeeb Wazed, age 53 | 10411 Parkerhouse Dr, Great Falls, VA 22066 | (703) 622-3033 |
| Sajeeb Ahmed Wazed | 700 W Mitchell Cir #538, Arlington, TX 76013 | (817) 261-0372 |
| Sajeeb Ahmed Wazed | 705 E Mitchell St, Arlington, TX 76010 | (817) 261-0372 |
| Sajeeb Wazed, age 53 | 3817 Bell Manor Ct, Falls Church, VA 22041 | |
| Sajeeb A Wazed, age 54 | 5907 Highdale Cir, Alexandria, VA 22310 | |
| Sajeeb A Wazed, age 54 | 4823 Martin St, Alexandria, VA 22312 | |
| Sajeeb Ahmed Wazed | 2815 Turnberry Dr #724, Arlington, TX 76006 | |
| Sajeeb Ahmed Wazed | 912 Twin Creek Dr, Desoto, TX 75115 | |
| Sajeeb Ahmed Wazed | 8629 Vanderbilt Dr #2504, Fort Worth, TX 76120 |
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