Poultry feed business faces many allegations

Published : 08 Apr 2021 08:56 PM

It is alleged that the company -- Adyan Agro Limited -- made huge amount of money by depriving the government of taxes and importing illegal goods.

Managing Director of Adyan Agro, Dr Jamil Hossain, has allegedly amassed huge money and wealth by selling the supplement of poultry feed at an abnormally high price.

Recently, a complaint was lodged with Anti-Corruption Commission (ACC) alleging corruption and fraud against Adyan.

According to the complaint, Adyan imports banned chemicals and medicine instead of poultry feed and medicine. Directors of the firm import poultry feed at a lower price but sell it to the local farmers through a syndicate at a price 800 times higher than the original price. Thus they amassed crores of taka over the past five years, the complaint added.

Thousands of small poultry farmers have been incurring loss due to bad business of Adyan. The ACC should investigate the import of banned chemicals and sedatives as well as price hike of poultry feed through syndication, the letter said.

When contacted, Adyan’s Managing Director DrJamilHossain brushed aside all allegations saying they are doing business fully complying with the government’s rules and regulations.