• Thursday, Jan 28, 2021
  • Last Update : 09:33 pm

High Court enquires about steps taken to arrest PK Halder

  • Published at 05:52 pm November 19th, 2020
High Court-HC-court
File photo of the High Court Dhaka Tribune

Halder reportedly amassed Tk3,600 crore and laundered the money abroad while performing his duties as the director of ILFSL

The High Court has wanted to know about the steps taken to arrest Proshanta Kumar Halder, also known as PK Halder, former managing director of NRB Global Bank, Reliance Finance. 

The High Court virtual bench of Justice Md Nazrul Islam Talukder and Justice Ahmed Sohel passed the order voluntarily on Thursday.

The bench also ordered the authorities concerned to give explanation to the court within 10 days in this regard


Also Read - High Court directs law enforcers to arrest PK Halder upon his return to Bangladesh


Earlier on October 21, the High Court ordered the law enforcing agencies to arrest PK Halder immediately upon his return to Bangladesh.

Halder reportedly amassed Tk3,600 crore and laundered the money abroad while performing his duties as the director of International Leasing and Financial Services Ltd (ILFSL).

On September 7, PK Halder, the disgraced director of ILFSL, filed an appeal before the High Court seeking security on his return to the country. 

PK Haldar, who fled to Canada after amassing and siphoning the money, said in his appeal that he wanted to return to help recover the amassed money of ILFSL and sought security for his safety on return.


Also Read - PK Halder asks HC for security to return home


On January 22, the High Court ordered the confiscation of properties, freezing of bank accounts and passports of Halder, also the former managing director of 19 organizations, which are mostly on paper and named after his mother, wife and brother.

After hearing appeals of seven investors of ILFSL, the court also imposed restrictions on them to leave the country but Haldar managed to escape.

Besides, on January 8, the Anti-Corruption Commission (ACC) also filed a case against Halder for embezzlement.

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