The Appellate Division of the Supreme Court on Monday upheld a High Court order that on September 14 granted six months' bail to Regent Group Chairman Mohammad Shahed Karim in a corruption case.
A five-member bench of the Appellate Division headed by Justice Borhanuddin passed the order after hearing a leave to appeal petition filed by the the Anti-Corruption Commission (ACC), challenging the HC's bail to Shahed.
On August 21 this year, a Dhaka court convicted and jailed Shahed for three years for not submitting his wealth statement to the Anti-Corruption Commission (ACC) about his acquiring illegal wealth of Tk 16.9 million.
The apex court also directed the HC bench led by Justice Md Ashraful Kamal to hold hear and dispose the appeal filed by Shahed challenging the lower court verdict against him.
Lawyer Khurshid Alam Khan who appeared in the court hearing on behalf of the ACC said Shahed cannot be released from jail as he is arrested in other cases. Senior lawyer Shah Monjurul Hoque appeared for Shahed during the hearing on Monday.
On March 1, 2021, the ACC filed the case against Shahed with its Integrated Office-1 in Dhaka for his alleged involvement in acquiring illegal wealth.
Shahed was arrested on July 15, 2020, at Debhata in Satkhira when he was trying to flee the country.
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