Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Wednesday, February 26, 2020 01:34:47 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

7 depositors of ILFSL file writ

Travel ban on 20 directors

HC order seizure of their passports, freezing bank accounts: Ibrahim Khaled made Chairman

  • Twitter
  • Google+
  • Save
  • E-mail
  • Print
Share your thought
Post a comment »
Read all () »

Gulam Rabbani :
The High Court imposed ban on leaving the country of 20 persons including all the present shareholder-directors and the top executives of the International Leasing and Financial Services Limited (ILFSL).
Secretary of the Ministry of home Affairs is directed to seize the passports of all those persons and to collect the detailed information about them.
The court also directed the authorities concerned not to transfer any of their movable and immovable properties, including stock, cash-money, cars etc to any person or entity till disposal of the case filed with the High Court in this regard.
The court also directed the secretary to take necessary steps with utmost priority without squandering any time so that the aforesaid persons cannot leave the country in any way and the secretary is directed to inform the court within 15 days.
Bangladesh Bank is directed to issue necessary directions to all the banks and financial institutions of the country asking them to freeze all the accounts of the shareholder-directors and the top executives of the ILFSL.  The accused persons are, MA Hashem (Chairman), M Nurul Alam (Director and Managing Director of Shaw Wallace Bangladesh Ltd), Md Zahirul Alam, FCA (independent director), Nasim Anwar, FCA (independent director), Bashudeb Banerjee (independent director), Papia Banerjee (independent director), Momtaz Begum (independent director), Md Nowsherul Islam (independent director), Md Anwarul Kabir (independent director) and Engineer Md Nuruzzaman (independent director).
The list also included the names of Muhammad Abul Hashem (independent director), Rashedul Haque (managing director of the company), and PK Halder and his relatives, namely, mother-Lilaboti Halder, brother-Pritish Kumar Halder, wife-Susmita Saha, cousins- Amitav Adhikari, and Avijit Adhikari, ex-managing director of Bank Asia Limited Erfanuddin Ahmed and one Uzzal Kumar Nondi.
Referring some new cuttings, petitioners' lawyers said in the court that former director of the company PK Halder embezzled Tk 2000 crore from the company and now remains incommunicado.
Upon reading the news items published in the newspapers, the lawyers agitated in the court that by opening a number of fake companies in the name of PK Halder's mother-Lilaboti Halder, brother-Pritish Kumar Halder, wife-Susmita Saha, cousins- Amitav Adhikari, and Avijit Adhikari, ex-managing director of Bank Asia Limited Erfanuddin Ahmed and one Uzzal Kumar Nondi managed to grab the money of not only the ILFSL, but also the money of other financial institutions and banks.
The High Court also appointed Ibrahim Khaled, former deputy governor of the Bangladesh Bank, as an independent director and chairman of the International Leasing and Financial Services Limited.
At the same time, the court removed the present chairman of the financial institution, MA Hashem, from his post, but he shall remain on the Board of Directors of the company.
The court ordered the managing director of the company to send a letter to the Bangladesh Bank regarding the appointment of the new chairman of the company.
The new chairman shall be paid a monthly honourium of Tk Three lakh with well furnished independent office room, said the court in its order.
The High Court Bench of Justice Muhammad Khurshid Alam Sarkar passed the order on Sunday after hearing a writ petition filed by seven depositors of the company for winding up the company. The order was released on Tuesday.
Barrister ASM Shahriar Kabir, a lawyer of the petitioners, said that seven petitioners deposited about Tk 85 million in the company as fixed deposits and after maturity the petitioners made applications for encashment of the fixed deposits. Then the company informed the depositors that they are unable to pay the petitioners' money.
In this circumstance, the depositors filed the petition with the High Court in December, 2019 for winding up the company.

Add Rate

News Archive

Inside The New Nation

Entertainment »

Nishita always keeps requests from audience

Entertainment Report :While performing in stage shows popular singer Nishita Barua always got requests from the audience to render her popular original song titled Bondhu Tomai Mone Pore and she also kept their requests. It is Nishita-rendered her most popular song. This time another two songs of her includes in ...

International »

Turkey, Russia to hold more talks to reduce Syria tensions

AP, Ankara :Turkey's president announced Tuesday that a Russian delegation would arrive the following day to resume talks aimed at easing tensions in northwestern Syria. He also said no consensus was reached for a four-way meeting next month between the leaders of France, German, Russia and Turkey.However, Recep Tayyip Erdogan ...

Cricket »

Victory against Zimbabwe to bolster Bangladesh for Pakistan Test

After getting a much-needed victory in the form of an innings and 106-run in one-off Test over Zimbabwe, which ended their disappointing six-match losing streak in the longer version format, Bangladesh is oozing with confidence to do well against Pakistan.The Tigers will go to Pakistan for the third and final ...

Sports »

Djokovic sizzles into Dubai second round

AFP, Dubai :Novak Djokovic continued his hot early season form on Monday, cruising past Tunisian wild card Malek Jaziri 6-1, 6-2 into the second round of the Dubai Championships.The top seed and four-time champion made short work of Jaziri, who is ranked 260 in the world.Djokovic owns a perfect 14-0 ...

City »

Executive Director of the Transparency International Bangladesh Dr. Iftekharuzzaman speaking at a prèss conference on 'Unveiling of Information of Follow-up Research on the Anti Corruption Commission' organised by TIB at MIDAS Center in the city on Tuesday.

Editorial »

Rape incidents increasing when all preventive measures failed

A total of 59 women were raped and sexually harassed on public transport across the country in 2019. There were 52 incidents of women repression on public modes of transportation -- 44 on the roads and four each on rail and river ways, the media reported quoting the survey report ...

Entertainment »

Darshana’s new film Protighat

Model-actress, Darshana Banik, who has acted in some critically acclaimed films, both in the South industry and in Tollywood, is on cloud nine now. She will soon be seen in Rajiv Biswas’ upcoming film Protighat which also stars Soham and Priyanka Sarkar in lead roles. The film is a passionate ...

Business & Economy »

Abu Hena Mohammad Razi Hasan, Head of Bangladesh Financial Intelligence Unit (BFIU), speaking at money laundering prevention conference at local resort in Habiganj recently. Bangladesh Bank Executive Directors Kazi Enayet and Iskander Mia, among others, were present.


Cricket »

New Zealand beat India by 10 wickets in series-opening Test

AP, Wellington :New Zealand beat top-ranked India by 10 wickets in the series-opening match, posting its 100th win in Tests and inflicting India's first loss in eight matches in the ICC Test Championship.India started play Monday at 144-4, 39 runs behind New Zealand after trailing by 183 on the first ...

Football »

New Zealand fraud probe into ex-Oceania Football chief

AFP, Wellington :New Zealand's Serious Fraud Office said Monday it is investigating former Oceania Football Confederation employees - including ex-president David Chung - after a complaint from FIFA.Authorities will probe whether any criminal activity had taken place, but declined to provide further details of an active investigation."An investigation relating to ...

City »

Former Adviser to the Caretaker Government M Hafiz Uddin Ahmed speaking at a prèss conference on 'Presentation of Information of the Winners of DSCC and DNCC Elections-2020 and Election Evaluation' organised by SUJAN in DRU auditorium on Monday.

Football »

Ronaldo marks 1,000th game with record-equalling goal

AFP, Rome :Cristiano Ronaldo scored for a record-equalling 11th consecutive Serie A game in his 1,000th professional match as Juventus extended their league lead on Saturday with a 2-1 win over basement club SPAL.The 35-year-old tapped in six minutes before the break to equal the mark held by Gabriel Batistuta ...

Editorial »

We don't need experts to tell us banking sector is ruined

 AS Bangladesh Bank has miserably failed to function properly, the country's banking sector is heading towards a total collapse and is being held hostage by a few individuals and entities. This remark comes from the local think-tank Centre for Policy Dialogue on Saturday marking the government's move for appointing a ...

Entertainment »

Kirti Kulhari skips cab and takes auto-rickshaw

Mission Mangal actor Kirti Kulhari was spotted taking a rickshaw ride in the city. The actor who prefers to take auto to travel for short distances was quite happy as she posted on Instagram “When all the ubers and the olas of the world leave u stranded, it's the Rickshaws ...

International »

UN chief urges new transit point for aid to Syria

AFP, United Nations :UN Secretary- General Antonio Guterres has urged the Security Council to authorize a new passage point on the Turkish border to allow humanitarian aid to reach the embattled population of northeast Syria, where medical supplies are running short.The recommendation came in a report issued Friday to Council ...

Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Write a comment to this news