A Dhaka court on Wednesday ordered the authorities concerned to freeze 260 bank accounts of all the institutions of Hall-Mark Group and individuals involved in the loan scandal.
Senior Special Judge M Jahurul Haque passed the order following separate petitions filed the Anti Corruption Commission (ACC).
Seven ACC officials, also investigation officers of 11 cases, filed 11 petitions with the court seeking its directives to freeze the bank accounts.
Submitting the petitions, ACC lawyer Mir Ahmed Ali Salam told the court that bank accounts of the company need to be frozen for proper investigation into the corruption.
After hearing, the court ordered managing directors and chief executive officers of the bank concerned to freeze the bank accounts.
The banks are HSBC, Eastern Bank Ltd, AB Bank Ltd, Standard Chartered Bank Ltd, One Bank Ltd, BRAC Bank Ltd, City Bank Ltd, United Commercial Bank Ltd, Dutch-Bangla Bank Ltd, Mercantile Bank Ltd, National Bank Ltd, Prime Bank Ltd, Agrani Bank Ltd, Sonali Bank Ltd, Premier Bank Ltd, Janata Bank LTd, Islami Bank Bangladesh Ltd, Al-Arafa Islami Bank Ltd, Jamuna Bank Ltd, Southeast Bank Ltd, Dhaka Bank Ltd and Eastern Leasing and Finance Ltd.
On October 4, 2012, the ACC filed the 11 cases against seven bosses of the scandal-hit Hall-Mark Group and 20 officials of Sonali Bank, including the bank’s former managing director Humayun Kabir.
Sonali Bank’s Ruposhi Bangla Hotel branch lent Tk 3,606 crore to the Hall-Mark Group, T and Brothers, Paragon Group, Nakshi Knit, DN Sports and Khanjahan Ali violating banking rules. Of the amount, Hall-Mark alone swindled Tk 2,686 crore.
Six officials of the ACC filed the cases with the Ramna Police Station for their alleged involvement in swindling over Tk 1,568.39 crore out of about Tk 2,686 crore embezzled from the Sonali Bank’s Ruposhi Bangla hotel branch.
The commission filed the cases under the penal code, money laundering prevention act, 2012 and corruption prevention act, 1974.
Accounts-Freeze
Freeze 260 bank accounts of Hall-Mark Group: Court
Dhaka, June 26 (UNB) – A Dhaka court on Wednesday ordered the authorities concerned to freeze 260 bank accounts of all the institutions of Hall-Mark Group and individuals involved in the loan scandal.
Senior Special Judge M Jahurul Haque passed the order following separate petitions filed the Anti Corruption Commission (ACC).
Seven ACC officials, also investigation officers of 11 cases, filed 11 petitions with the court seeking its directives to freeze the bank accounts.
Submitting the petitions, ACC lawyer Mir Ahmed Ali Salam told the court that bank accounts of the company need to be frozen for proper investigation into the corruption.
After hearing, the court ordered managing directors and chief executive officers of the bank concerned to freeze the bank accounts.
The banks are HSBC, Eastern Bank Ltd, AB Bank Ltd, Standard Chartered Bank Ltd, One Bank Ltd, BRAC Bank Ltd, City Bank Ltd, United Commercial Bank Ltd, Dutch-Bangla Bank Ltd, Mercantile Bank Ltd, National Bank Ltd, Prime Bank Ltd, Agrani Bank Ltd, Sonali Bank Ltd, Premier Bank Ltd, Janata Bank LTd, Islami Bank Bangladesh Ltd, Al-Arafa Islami Bank Ltd, Jamuna Bank Ltd, Southeast Bank Ltd, Dhaka Bank Ltd and Eastern Leasing and Finance Ltd.
On October 4, 2012, the ACC filed the 11 cases against seven bosses of the scandal-hit Hall-Mark Group and 20 officials of Sonali Bank, including the bank’s former managing director Humayun Kabir.
Sonali Bank’s Ruposhi Bangla Hotel branch lent Tk 3,606 crore to the Hall-Mark Group, T and Brothers, Paragon Group, Nakshi Knit, DN Sports and Khanjahan Ali violating banking rules. Of the amount, Hall-Mark alone swindled Tk 2,686 crore.
Six officials of the ACC filed the cases with the Ramna Police Station for their alleged involvement in swindling over Tk 1,568.39 crore out of about Tk 2,686 crore embezzled from the Sonali Bank’s Ruposhi Bangla hotel branch.
The commission filed the cases under the penal code, money laundering prevention act, 2012 and corruption prevention act, 1974.
