Destiny MD, director denied bail
Friday, 18 April 2014
A Dhaka court rejected on Thursday the bail petitions of Destiny Group Managing Director (MD) Rafiqul Amin and its director Mohammad Hossain in two money laundering cases, reports UNB.
Dhaka Metropolitan Magistrate Meher Nigar Suchana heard the separate bail pleas submitted by their lawyer Md Badiuzzaman Topadar. The two accused have been in jail custody for 20 months pending trial.
On July 31, 2012, the ACC filed two money laundering cases against Destiny 2000 Limited chairman Lt General (retd) M Harunur Rashid and
MD Rafiqul Amin and 20 others on charge of misappropriating investors' money amounting to Tk 32.85 billion.