The High Court has issued travel ban against former chairman of Arab-Bangladesh (AB) Bank M Wahidul Haque and treasurer Abu Hena Mustafa Kamal.
The division bench of Justice M Enayetur Rahimand and Justice Shahidul Karim also issued a rule asking the government to why it should not overturn a bail order granted by a Dhaka court in favour of the duo.
The anti-graft watchdog’s Assistant Director Md Gulshan Anwar Prodhan filed a case on January 25 accusing eight people, including Wahidul, also the son-in-law of BNP leader M Morshed Khan, and Abu Hena for laundering laundering Tk165 crore to United Arab Emirates. The ex-chairman of AB Bank, treasurer, and a client Saiful Haque were arrested in this connection on the same day.
Lawyer Khurshid Alam Khan argued for the ACC while Assistant Attorney General Yusuf Mahmud Morshed represented the state.
Khurshid Alam said the High Court bench also ordered Dhaka chief judicial magistrate to send the case dockets via a special messenger as soon as possible.
ACC sources said the AB Bank board of directors in December 2013 had approved investment of around Tk165 crore in Singapore-based fundraising and investment company Pinnacle Global Fund Pte Ltd (PGF) through the bank’s Offshore Banking Unit (OBU).