Regent Group chairman Sahed on 7-day remand

Staff Reporter Published: 10 August 2020, 02:26 PM | Updated: 10 August 2020, 02:27 PM
Regent Group chairman Sahed on 7-day remand
File Photo

A Dhaka court has placed the chairman of Regent Group and Regent Hospital Md Sahed on a seven-day remand in a case filed over the misappropriation of Tk 2.71 crore of Farmers Bank Ltd.

Judge KM Emrul Kayesh of Senior Special Judge’s Court of Dhaka on Monday passed the order after Anti-Corruption Commission’s Deputy Assistant Director Mohammad Shahjahan Meraj, also the investigation officer of the case, produced Shahed before the court with a 10-day remand prayer.

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

The other accused are - Mahbubul Haque Chisty, of former audit committee of Farmers Bank Ltd (now Padma Bank Ltd), his son Rashedul Haque Chisty, and Regent Hospital Managing Director Ibrahim Khalil.

Of them, Ibrahim Khalil is on the run.

According to the case statement, the accused in collusion with each other, embezzled Tk 2.71 crore from the bank abusing their power in 2015.

Sahed was arrested on July 15 from Satkhira, as he was trying to leave the country on a boat.