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Handing over Tk 1.33b property for Tk 150m

HC summons DC, SP, bank MD

FE REPORT | August 12, 2022 00:00:00

The High Court Thursday summoned five persons, including Kushtia's DC and SP, and BRAC Bank's managing director on charge of handing over the possession of a property worth Tk 1.33 billion, which was sold at auction for Tk 150 million, in violating of a court order.

Kushtia Sadar Police Station's Officer-in-Charge and the buyer of the property, Abdur Rashid, are the two other persons summoned by the court besides the Deputy Commissioner and the Superintendent of Police of the district.

The five persons have been asked to appear in the High Court (HC) on August 21, 2022 to explain their position over the issue.

An HC bench of justices Abu Taher Md Saifur Rahman and AKM Rabiul Hassan passed the order after hearing a petition filed in this regard.

Barrister Ragib Rouf Chowdhury appeared in the HC on behalf of the petitioner while Deputy Attorney General Wayesh Al Haruni represented the state.

Later Barrister Ragib said following a writ petition, the HC on August 2 stayed the process of the property handover for three months. However, violating the court order the Bank authorities with the help of the administration handed over its possession on August 5. Later the original owner of the property filed a contempt of court petition with the HC.

The lawyer said during the disbursement of the loan in 2017, the assessment of the property by the bank was Tk 60 crore or Tk 600 million, and a third party assessment fixed the amount recently at Tk 133 crore or Tk 1.33 billion.

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