Bank loan scam: MP Shawkat has to deposit Tk 25 cr to keep bail continue

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Staff Reporter :
The High Court (HC) on Sunday directed Jatiya Party MP Shawkat Chowdhury to pay Tk 25 crore to Bangladesh Commerce Bank Limited within 50 days in connection with two loan scam cases involving Tk 94 crore.
If the MP does not pay the amount in 50 days after receiving the order, his bail in the relevant loan scam cases will automatically be cancelled, the HC said in a verdict.
The bench of Justice M
Enayetur Rahim and Justice Shahidul Karim passed the judgement after hearing a Suo Moto rule issued earlier over legality of the lower court orders on bail in the cases, Barrister M Sarwar Hossain, the lawyer for Bangladesh Commerce Bank Ltd, told the journalists.
The Anti-Corruption Commission (ACC) filed the two cases with Bangshal Police Station in Dhaka on May 8 and 10 last year, accusing Shawkat Chowdhury, a Jatiya Party lawmaker from Nilphamari-4, the then Managing Director of Bangladesh Commerce Bank Md Asaduzzaman and its the then Manager of Bangshal Branch Habibul Gani and six others.
The case statements say, Shawkat, also Managing Director of M/S Jamuna Agro Chemical Ltd, allegedly misappropriated Tk 94 crore from the branch in collusion with the other accused through 31 letters of credit between December 2012 and March 2015.
Shawkat obtained bail from the lower court on September 8 and October 4 last year.
During hearing on the bail petitions filed by two other detained accused in the cases, the HC on November 24 last year issued the Suo Moto rule asking lawmaker Shawkat to explain as to why the lower court orders granting bail to him in two loan scam cases involving Tk 94 crore should not be cancelled.
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