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4 years ago

Farmers Bank scam

HC stays Rashedul Haque Chisty’s bail

- FE file photo
- FE file photo

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The High Court on Wednesday stayed till May 28 a lower court order that granted bail to Rashedul Haque Chisty, son of the former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, in a money laundering case filed on charge of misappropriating Tk 1.59 billion.

The High Court bench of Justice Jahangir Hossain passed the stay order after virtually hearing a petition filed by the Anti Corruption Commission (ACC) through email, seeking stay on the lower court's order granting bail to Rashedul.

The High Court set May 28 for further hearing on the stay petition and asked the ACC to submit the lower court order before that day.

Rashedul cannot get released from jail following the High Court's stay order, said Advocate Khurshid Alam Khan, a counsel for the ACC. He said the High Court stayed Rashedul's bail considering the gravity of his offence.

Besides, the High Court had rejected a bail petition of Rashedul in October 2018 in the same case with some observations which the lower court did not consider while granting bail on Tuesday, the ACC lawyer said.

He said the ACC filed the case with Gulshan Police Station in April, 2018 against Rashedul, his father Mahbubul Haque Chisty and some others on charges of laundering Tk 1.59 billion.

Advocate Khurshid Alarm Khan said the lower courts in Dhaka have granted bail to Rashedul Haque Chishty in four corruption cases recently.

The ACC will move separate petitions before the High Court seeking stay on the three other bail orders passed by the lower courts, he added.

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