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ILFSL scam: SC upholds order to seize bank accounts of PK Halder, 19 others

  • Published at 12:29 pm February 26th, 2020
High Court-HC-court
Dhaka Tribune

The three-member bench of the Appellate Division, headed by Chief Justice Syed Mahmud Hossain, passed the order on Wednesday

The Supreme Court has upheld a High Court order that asked to seize bank accounts and passports of 20 people, including Prashanta Kumar Halder, for their involvement in embezzling money of ILFSL.

Prashanta Kumar Halder, also known as PK Halder, is the former managing director of NRB Global Bank and Reliance Finance Limited.

The three-member bench of the Appellate Division, headed by Chief Justice Syed Mahmud Hossain, passed the order on Wednesday, after dismissing an appeal filed by two directors of ILFSL (International Leasing and Financial Services Limited), a non-bank financial institution.

On January 19, the High Court asked the authorities concerned to seize the bank accounts of all the directors of ILFSL along with their passports.

Advocate Ahsanul Karim represented the two directors of the ILFSL, while Barrister Tanjib-ul Alam argued for the Bangladesh Bank, and Attorney General Mahbubey Alam stood for the state.