Money Embezzlement Case: High Court issues rule on bail of Major Mannan and 6 others

The High Court on Monday issued a rule asking the government to explain as to why the bail of seven people including ex-MP and Bangladesh Industrial Financial Company Limited's former chairman Major (retd) Abdul Mannan, in a case filed on charges of embezzling over Tk9 crore should not be cancelled.

The High Court bench of Justice Md Nazrul Islam Talukder and Justice Kazi Ibadat Hossain issued the rule following the plea made by the ACC seeking the cancellation of their bail.

Advocate Khurshid Alam Khan stood for the petitioner while Deputy Attorney General AKM Amin Uddin Manik represented the state.

The others accused are Bangladesh Industrial Financial Company Limited (BIFC) former director ANM Jahangir, Rois Uddin, Rokeya Ferdous, DMD Inamur Rahman, director AKM Mohiuddin Ahmed and senior vice president Syed Fakhre Faisal.

On December 1, 2022, ACC Deputy Director Abdul Majed filed the case with its integrated district office in Dhaka-1, against 12 people, including Major Mannan over the embezzlement.

The accused in connivance with each other, in the name of Razia Sultana of M/s Telecom Service Enterprise, received Tk 9,77,94,892 loan from BIFC.

Later, they transferred the money to different bank accounts.

On March 7, the Senior Special Judge of Dhaka Metropolitan granted them bail.

Source: UNB