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Bangladesh Published At: 14 Sep 2023, 20:39 p.m.

Regent Group chairman gets 6-month bail in graft case


Shahed Karim
File photo

Can't be released from jail as he is sentence to life imprisonment in arms case


The High Court today granted six months' bail to Regent Group Chairman Mohammad Shahed Karim in a corruption case.

On August 21 this year, a Dhaka court convicted and jailed him for three years for not submitting his wealth statement to the Anti-Corruption Commission about his acquiring illegal wealth of Tk 1.69 crore.

Today, the bench of Justice Md Akhtaruzzaman granted the bail following an appeal filed by Shahed, challenging the trial court's judgement.

Shahed's lawyer Md Aminul Islam told that his client cannot get released from jail as he is sentenced to life imprisonment in an arms case.

Shahed is accused in total 24 criminal cases, and he secured bail in 23 cases, except for the arms case, he added.

Meanwhile, ACC's lawyer Khurshid Alam Khan told the newspaper that they will move an appeal before the Appellate Division of the SC challenging the HC order.

The HC granted bail to Shahed considering that he has been sentenced to imprisonment for a short period, he added.

On March 1, 2021, the ACC filed the case against Shahed with its Dhaka Integrated Office-1 for his alleged involvement in acquiring illegal wealth.

Shahed was arrested on July 15, 2020, at Debhata in Satkhira while he was trying to flee the country.