Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, February 29, 2020 04:10:32 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

By
22nd-Jan-2020       
Share
  • Twitter
  • Google+
  • Save
  • E-mail
  • Print
Comments
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.

Tariff
Add Rate

News Archive

Inside The New Nation

Entertainment »

Jacqueline shares her secret mantra to happiness


Jacqueline Fernandez holds the best name and fame for being happy and lightning up the place wherever she goes. The audiences always wonder how she keeps up with this charming nature. Sharing her secret mantra to staying happy Jacqueline shares, “It is not that I am consistently happy. I am ...

Editorial »

Power prices hike to make more hazards to people


AT a time when people are grappling with high prices of many daily essentials, the government has hiked electricity prices, which is likely to cause a big ripple effect on the economy. The new rate will take effect from Sunday, and in a few weeks power consumption will increase with ...

Sports »

Sweden's Pernilla Lindberg watches her tee shot on the eighth hole during the opening round of the New Zealand Golf Open in Queenstown, New Zealand on Thursday.


International »

UN chief declares women’s inequality ‘stupid’ and a global shame


Reuters, United Nations :United Nations Secretary-General Antonio Guterres called women's inequality "stupid" and a cause for global shame on Thursday, as he pledged to press governments to end discriminatory laws in the face of a "strong and relentless pushback" against women's rights.While Guterres did not name and shame, U.S. President ...

International »

Netanyahu is Israel’s longest-serving Prime Minister


AFP, Jerusalem  :Facing a corruption indictment, Benjamin Netanyahu-Israel's longest-serving prime minister-is a veteran rightwinger, former elite soldier and a close ally of US President Donald Trump.The 70-year-old is the first premier in Israeli history to be indicted in office, accused of corruption charges that could end the veteran leader's political ...

Editorial »

It is a relief not to slash interest rates on postal savings


The government on Wednesday backtracked on its decision to slash the interest rates on ordinary and fixed deposits in Post Office Savings Bank, with the previous rates to return from next month. The disclosure came two weeks after the Finance Ministry decided to slash the interest rates on the three-year ...

International »

Pelosi urges Democratic unity amid Sanders` campaign surge


AP, Washington  :Speaker Nancy Pelosi on Wednesday urged party unity amid Bernie Sanders' surge in the presidential race, even as House Democrats worry about a volatile election season that could put a self-described democratic socialist atop the ticket and threaten their majority."I would hope that everyone would say, no matter ...

City »

Desh Banchao Manush Banchao Andolon formed a human chain in front of the Jatiya Press Club on Thursday in protest against killing of people and ransacking of religious establishments in Delhi.


.

Entertainment »

Neha Dhupia looks glamorous in this Pooja Shroff outfit


Neha Dhupia is known for being a fashion icon as her sense of style never fails. This time she adorns a beautiful Pooja Shroff outfit from her SS’20 collection that she showcased at the Lakme Fashion Week S/S 2020 and we are awestruck! Neha Dhupia rocks the Pooja Shroff’s SS’20 ...

Editorial »

Corruption is the ultimate outcome of unethical evil politics


MEMBERS of Rapid Action Battalion on Tuesday recovered Tk 26.55 crore in cash and fixed deposit receipts worth Tk 5.15 crore from the flat of two ruling party men Enamul Haque Enu and Rupon Bhuiyan who were earlier detained for their involvement in the illegal casino business. A good amount ...

Entertainment »

Kriti Sanon brings fashion in full spring


Kriti Sanon looks all pop and fun as she poses for her clothing brand’s new amazing spring-summer collection 2020.Styled by Kriti Sanon, MsTaken is the fashion brand for the bold and carefree woman of today. The brand says, “life isn’t serious” it materialises its tag line by being peppy and ...

Sports »

Jelena Ostapenko of Latvia hits a return during the women's singles second round match against Barbora Strycova of the Czech Republic at the 2020 WTA Qatar Open in Doha, Qatar on Tuesday.


International »

Sanders calls Netanyahu 'reactionary racist'


The Independent :Bernie Sanders has called Israeli prime minister Benjamin Netanyahu a "reactionary racist", while saying he supports Israel during the latest Democratic debate.Mr Sanders, who is one of the frontrunners in the contest, said he was "very proud" to be Jewish when he was asked about his position on ...

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 ...

 
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
Email:
Write a comment to this news