Staff Reporte :
The High Court on Tuesday directed the Anti-Corruption Commission (ACC) and the Bangladesh Financial Intelligent Unit (BFIU) to dispose of a representation that sought an inquiry into the allegations of corruption, money laundering, abuse of power, misrepresentation and breach of trust by chairman of the Insurance Development & Regulatory Authority (IDRA) Dr M Mosharraf Hossain. The ACC and the BFIU have been asked to inform the court within 30 days about their steps taken in this regard.
The High Court Bench of Justice M Enayetur Rahim and Justice Md Mostafizur Rahman passed the order after hearing a writ petition filed challenging the inaction of the state bodies in disposing of the representation.
The court also issued a ruling asking the respondents to explain in four weeks as to why their inaction or failure to investigate the allegations of corruption, money laundering, abuse of power, misrepresentation, impersonation and breach of trust by IDRA Chairman Dr M Mosharraf Hossain shall not be declared illegal.
It also wanted to know from the respondents to explain as to why they should not be directed to take appropriate steps for lodging FIR against Dr M Mosharraf Hossain and his wife Jannatul Mawa for money laundering and for false statement and for breach of trust.
Finance Secretary, Anti-Corruption Commission, National Board of Revenue, Bangladesh Financial Intelligent Unit (BFIU) and Director General of Labour have been asked to comply with the ruling.
Abu Saleh Mohammad Amin Mehedi, an investor of the stock market, filed the writ petition last week as a public interest litigation.
Earlier on September 30, the same High Court Bench following another writ petition issued a ruling upon the respondents to explain in four weeks as to why the appointment of Dr M Mosharraf Hossain, FCA, as the chairman of the Insurance Development & Regulatory Authority (IDRA) should not be declared illegal, as it violated the Section 7(b) of the IDRA Act, 2010.
In the ruling, the High Court also wanted to know as to why the inaction of the respondents in removing Mosharraf Hossain from the chairman post of the IDRA according to the Sections 14(1)© and 14(2) of the IDRA Act, 2010 should not be declared illegal.
It has also issued a show cause upon the respondents to explain on what authority Mosharraf Hossain is still holding the post of IDRA chairman.
Finance Division Secretary of the Finance Ministry and others respondents have been asked to comply with the ruling.
Barrister Mustafizur Rahman Khan and Barrister Karishma Jahan appeared in the court on behalf of the writ petitioner, while Deputy Attorney General Bepul Bagmar represented the State.
