Businessman jailed for cheque fraudulence

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Chittagong Bureau :
The 4th Metropolitan Session Judge, Chittagong Mohammad Abdur Rashid in a verdict here on Sunday sentenced a businessman to one year imprisonment and fined about Taka one crore thirty lakhs on charges of deception as his bank cheque was bounced to receiver due to non-availability of fund.
The convicted businessman is Pankos Bonik, owner of Runagar Jewellers of city’s Newmarket area, court source said.
The prosecution story, is in short that the accused issued a bank cheque for TK 130,00,000 on July 5 in 2013 to Mohammad Jahangir Alam, General Manager of RAD group against business purpose but the cheque was bounced on 18 July in same year due to lack of adequate fund in the account of the businessman.
Later, Jahangir Alam filed a case on July 22 in 2013 against the businessman for cheque fraudulence.
The court held the businessman guilty after hearing the statements of prosecution witnesses and reviewing the documents, the source added.
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