HC orders arrest of Jamuna Bank MD if he skips appearance

The High Court has ordered the arrest of Shafiqul Alam, managing director of Jamuna Bank, if he does not appear in court on February 12, reports bdnews24.com.

Justice Mamnoon Rahman and Justice Ashish Ranjan Das passed the order for the chief of Motijheel Police Station on Tuesday to arrest the banker.

Shafiqul was summoned to the court for defying a High Court order to release a customer's fixed deposit.

Advocate ABM Altaf Hossain and Shuvrojit Banerjee represented the complainant, as Habibul Islam Bhuiyan was the legal counsel for the Jamuna Bank MD. Advocate Shamim Khaled Ahmed represented Bangladesh Bank.

"Jamuna Bank MD was supposed to appear in court today in person but he sent over his legal counsels saying he went abroad and also asked for more time," Altaf told the news agency.

"We raised our objection as we feel this is a cunning move.