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Dhaka Tribune

Rashedul’s bail: Chamber judge feels embarrassed to hear plea

The court also said that the case documents would now be sent to the Chief Justice and the next hearing would be held as per the CJ’s directive

Update : 16 Jun 2020, 09:25 PM

The Appellate Division has felt embarrassed to hear the bail petition of Rashedul Haque Chisty, son of Mahbubul Haque Chisty, former chairman of the audit committee of Farmers Bank, in connection with a money laundering case.

The chamber judge of the Appellate Division, Justice Md Nuruzzaman, declined to hear two petitions filed by the state and the Anti-Corruption Commission seeking cancellation of his bail and a petition filed by Rashedul’s lawyer seeking his bail.

The court also said that the case documents would now be sent to the Chief Justice and the next hearing would be held as per the CJ’s directive.

AM Amin Uddin joined the virtual hearing for Rashed Chisty while Attorney General Mahbubey Alam represented the state.

Meanwhile, the High Court bench of Justice Md Nazrul Islam Talukder upheld his bail in another case filed in Tangail.

At the same time, the court asked the ACC to file its petition seeking cancellation of the bail before  a regular bench of the High Court.

Deputy Attorney general A K M Amin Uddin Manik said that the court had granted bail to Rashedul Haque Chisty as per bail conditions in the previous three cases. The conditions are: submission of passport, not going abroad without the permission of the court, not entering Padma Bank (former Farmers Bank) , not interfering in the investigation.

On April 10, 2018, Rashedul and his father Mahbubul were arrested in connection with a Tk159 crore laundering case filed by the ACC.

Later, the ACC filed a total of five corruption cases, including the money laundering one against Rashedul Haque Chisty, his father and several others.

Rashedul got bail from lower court in the five cases within 10 days of last month, referring to the corona situation.

Farmers Bank was established in June 2013. However,  investigations by Bangladesh Bank found massive irregularities in the bank’s loan disbursement along with a huge amount of default loans in 2017.

The bank’s chairman and former home minister MK Alamgir and Audit Committee chief Mahabubul resigned following the scandal, while the central bank in December also removed the bank’s managing director.

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