A Dhaka court has placed three officials of Transcom Group on a three-day remand in two cases filed over embezzlement, occupying of property, and illegal transfer of shares of the company.
Dhaka Metropolitan Magistrate Md Rashidul Alam passed the order on Sunday.
The accused are Tronscom Group's Corporate Finance Director Abdullah Al Mamun, Manager Abu Yousuf Mohammad Siddique and Assistant Company Secretary Mohammad Mosaddek.
Shah Alam, sub-inspector of Gulshan police station, confirmed the information.
Shahzreh Huq, daughter of the late Latifur Rahman, the founder of Transcom Group, filed three cases with Gulshan police station as the plaintiff, leading to the arrests.
She sued her elder sister, the current Transcom Group CEO Simeen Rahman and mother, Shahnaz Rahman, the current chairman of the group, and Simeen's son Zaraif Ayaat Hossain, Transcom's head of transformation for trying to embezzle assets worth around Tk10,000 crore using fake documents.
According to the case statements, Latifur Rahman had left Tk100 crore in FDRs in several banks at the time of his death.
The plaintiff has accused her mother and sister of distributing the FDRs unequally, illegal acquisition of property and unauthorized transfer of company shares.
The rest of the officials have been accused of helping to embezzle money.
The case documents mentioned that the plaintiff was informed that her father had transferred 4,270 shares to her, 4,270 shares to his brother and 14,160 shares to her mother.
However, Shahzreh Huq claimed that she nor her father ever signed the transfer deeds.
The plaintiff alleged that the accused forged these documents.
