Dhaka, March 27 -- A Dhaka court has jailed controversial government contractor SM Golam Kibria Shamim for five and a half years in a case over possession of wealth beyond known sources of income.

Judge Md Rabiul Alam of the Dhaka's Fourth Special Judge's Court delivered the verdict on Thursday.

Alongside the rigorous prison sentence, Shamim received a fine of Tk 100,000. Failure to pay it off will result in another three months' imprisonment.

The court also ordered the confiscation of his "illegally acquired" movable and immovable assets worth Tk 2.97 billion.

The court acquitted Shamim's mother Ayesha Akter, who was also accused in the case, citing a "lack of evidence".

They were also accused of money laundering under another secti...