Saturday, 01 Oct, 2022


SC stays HC bail order for Shahed in fraud case

Special Correspondent |
Update: 2022-08-01 16:54:01
SC stays HC bail order for Shahed in fraud case

The Appellate Division of the Supreme Court on Monday (August 1) stayed the bail granted by the High Court to Regent Hospital Chairman Md. Shahed in a Tk 2.71 crore loan embezzlement case.

Justice M Enayetur Rahim, chamber judge of the Appellate Division passed the order after hearing the ACC's appeal.

Farmers Bank former chair Mahbubul Haque popularly known as Babul Chisti, his son Rashedul Haque Chisti and Regent Hospital managing director M Ibrahim Khalil were three others accused in the case filed by the Anti-Corruption Commission on July 27, 2020 for their involvement in approving the loan.

Earlier on July 28, A bench of Justice SM Kuddus Zaman and Justice KM Zahid Sarwar granted regular bail to Shahed.

Regent Group Chairman Shahed was sentenced to life imprisonment in arms cases on September 28 in 2020 by the lower court.

The court also jailed him for seven years under section 19 (F) of the same case.

Later, Shahed sought bail by appealing to the High Court against the sentence. The High Court granted him bail on June 7.

On July 6, 2020, Rab raided the Uttara and Mirpur branches of Regent Hospital. During the operation, fake Covid test reports, and various irregularities including collection of money from patients in the name of Covid treatment were unveiled.

The next day, a case was filed against 17 people at Uttara West Police Station.

On July 15, from the border area of Satkhira, Regent Group and Regent Hospital Chairman Shahed was arrested by RAB. Shahed has been in jail since then.

More than 36 cases have been filed against Shahed on allegations of different irregularities.

BDST: 1653 HRS, August 1, 2022

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from are strictly prohibited and liable to legal action.