Why no bail to Farmers Bank’s Babul Chishti: HC

block
Staff Reporter :
The High Court (HC) issued a rule asking the government to explain in three weeks as to why Mahabubul Haque Chisty should not be granted bail in the case.
The bench of Justice Md Shawkat Hossain and Justice Abu Taher Md Saifur Rahman passed the order and issued the rule after hearing a petition filed by Mahbubul Haque seeking bail in the case.
Barrister Abdullah Al Mahmud, defence lawyer, said, his client cannot get release from jail until the HC hears and disposes of the rule.
Citing from the bail petition, the lawyer said, there is no allegation against Mahbubul Haque of committing corruption or taking bribe in the case.
The case was filed against him just on the basis of suspicious bank transactions, Barrister Mahmud added.
On April 10 this year, the Anti-Corruption Commission filed the case with Gulshan Police Station, accusing six persons, including Mahbubul Haque.
The other accused are Mahabubul’s son Rashedul Haque Chisty, the bank’s Senior-Vice President Zia Uddin Ahmed and First Vice-President Muhammad Masudur Rahman Khan, Mahbubul’s wife Rosy Chisty and ex-Manager of the bank’s Gulshan Corporate Branch Delwar Hossain.
The ACC found that between November 18, 2013 and January 30 this year, Tk 138.82 crore was deposited in the current accounts of Bakshiganj Jute Spinners Ltd, owned by Mahabubul’s son, wife and daughter, maintained with Farmers Bank’s Bakshiganj and Gulshan branches. Later, the entire amount was withdrawn in cash.
Mahbubul, Rashedul, Zia and Masudur landed in jail on April 10 after the ACC arrested them in connection with the money laundering case. Later, Rosy Chisty got bail from the HC in the case, Barrister Mahmud said.
block