Former Director General of the Directorate General of Forces Intelligence (DGFI) Lieutenant General (Retd.) Sheikh Mamun Khaled was arrested late Wednesday night from his residence in Mirpur DOHS, Dhaka, by the Detective Branch of police. He was produced before a court on Thursday, which granted a five-day remand in connection with a murder case. The arrest follows allegations that he misappropriated army officers’ deposits and built a vast business network known as the Sublime Group using embezzled funds.

According to the report, Mamun Khaled, while overseeing the Jalshiri housing project, signed multiple contracts with a private developer and allegedly diverted large sums intended for army officers. Thousands of serving and retired officers reportedly lost hundreds of crores of taka. He is accused of establishing at least seven companies, including Sublime Network, Sublime IT, and Sublime Bangladesh, during his tenure at DGFI. Additional allegations include misuse of government property and manipulation of project expenses.

Court documents also cite his alleged role in a 2010 incident in Rupganj that disrupted the Jalshiri project and in a shooting incident linked to political violence, now under investigation.