A businessman, Syed Mohammad Faruqi Hasan, has been revealed for bringing 721 crore taka from China to Bangladesh under the pretext of foreign income, evading 180 crore taka in taxes. The money was transferred over several years, and Faruqi has connections with the ruling Awami League. Despite claiming to have used the funds to establish factories and create jobs, investigations show the funds were transferred without paying taxes. Faruqi has since fled the country, and NBR is continuing its probe.