Embezzlement of Tk 2.71 crore: Shahed sent to jail after remand

Regent Hospital Chairman Mohammad Shahed has been sent to jail after his seven-day remand in a case filed over misappropriation of Tk 2.71 crore of Farmers Bank Ltd.

Judge KM Emrul Kayesh of the Senior Special Judge's Court of Dhaka passed the order after Anti-Corruption Commission's Deputy Assistant Director Mohammad Shahjahan Meraj, also investigation officer of the case, produced Shahed before the court with a forwarding report today.

In the report, the IO said Shahed admitted to embezzling money from the bank. So, the IO appealed to the court to keep him in jail until his probe is completed, the IO added.

The judge then ordered to send Shahed to Dhaka Central Jail in Keraniganj.

On July 27, the ACC filed the case against Shahed and three others with its Integrated District Office-1 of Dhaka.