High Court (HC) today upheld a government’s decision to freeze bank accounts of GKB and Company (Pvt) Ltd owned by SM Golam Kibria Shamim who is a top government-listed contractor.

The court passed the order rejecting a writ petition recently filed by GKB Company Private Ltd seeking its order on the government to withdraw the decision of freezing the bank accounts.

The bench of Justice Sheikh Hassan Arif and Justice Md Mahmud Hassan Talukder came up with the order considering that the petition was not placed before it properly.

The bank accounts of GKB and Company (Pvt) Ltd will remain frozen following the HC order, Additional Attorney General Murad Reza told The Daily Star.

Advocate Md Ozi Ullah appeared for the writ petitioner.

Law enforcers arrested SM Golam Kibria Shamim, also known to be a Jubo League leader, from his Niketon office on September 20 for his alleged involvement in criminal activities and tender manipulation.

Later on, Bangladesh Financial Intelligence Unit has ordered all banks to freeze accounts of Shamim and his company.

On October 21, Anti-Corruption Commission filed a case against Shamim for amassing Tk 297.08 crore wealth beyond the known source of income.