GRAFT CASE: Crescent group boss remanded
The Chairman of Crescent Group MA Kader was yesterday placed on a three-day remand in connection with a graft case.
Metropolitan Magistrate Md Millat Hossain passed the order, after Customs Intelligence and Investigation Directorate (CIID) Inspector Shakera Khatun produced him before the court with a five-day remand prayer.
For all latest news, follow The Daily Star's Google News channel.
The defence lawyer submitted another petition to the court seeking bail and cancellation of remand for MA Kader.
On January 30, CIID arrested Kader in connection with three cases filed over laundering a total of Tk 919 crore in foreign currencies.
The move came after the CIID, a field office under the National Board of Revenue (NBR), found in its inquiry that Crescent Group colluded with officials of Janata Bank's Imamganj branch in Dhaka to launder a total of Tk 1,297.65 crore abroad against 657 fake export bills.
On January 31, Janata Bank filed five graft cases with the Artharin Adalat against the Crescent Group.
Meanwhile, On February 10, Anti-Corruption commission filed five cases against 22 persons including MA Kader for misappropriating Tk 1,746 crore from Janata Bank.
Comments