The Supreme Court on Thursday rejected review petitions of a conditional bail filed by detained Destiny Group managing director Rafiqul Amin and Destiny-2000 chairman Mohammad Hossain.
A four-member bench of Appellate Division, led by Justice Syed Mahmud Hossain, passed the order.
Barristers Ajmalul Hossain QC and Rokanuddin Mahmud moved for the petitioners while advocate Khurshid Alam Khan represented the Anti Corruption Commission (ACC).
Khurshid Alam said the duo, earlier, got conditional bail from the apex court. Later, they filed petitions to the SC seeking review of the condition of their bail but the court today rejected the petitions.
On November 23, 2016, the Supreme Court (SC) asked the two high officials of Destiny Group to deposit Tk 2,500 crore to the government treasury within six months to get bail in two money-laundering cases.
After the hearing, the apex court ordered Destiny Group MD and its chairman to deposit Tk 2,800 crore to the government treasury within six months by selling the trees of Destiny Tree Plantation Limited (DTPL), otherwise the two Destiny officials will have to pay Tk 2,500 cash to avail the opportunity.
Earlier, on July 20, 2016, the HC granted the six-month ad-interim bail to the two Destiny high-ups on certain conditions in the two cases filed by the Anti-Corruption Commission.
Later, the ACC filed an appeal to the Appellate Division seeking stay on the HC order. Later, a four-member SC bench stayed the order.
On July 31, 2012, the anti-graft watchdog filed the two money laundering cases against Destiny-2000 chairman and the Destiny Group’s managing director and 20 others on charge of misappropriating investors’ money amounting to Tk 3,285 crore.
ACC deputy director Mozahar Ali Sarder filed one case with Kalabagan Police Station against 12 officials of Destiny-2000, including its chairman and managing director, under the Money Laundering Act 2012 for allegedly misappropriating over Tk 2,106 crore from the Destiny Tree Plantation Limited (DTPL).
ACC assistant director Toufiqul Islam filed the other case with the same police station against 22 Destiny officials under the same act for alleged embezzlement of Tk 1,178 crore from the Destiny Multipurpose Cooperative Society Limited (DMCSL).On May 4 this year, the ACC submitted charge-sheets before the court in the two cases.
The chairman and the MD of Destiny surrendered before a Dhaka court in connection with the two cases seeking bail on October 11, 2012.
