HC grants bail to two NSU trustees
FE REPORT | Friday, 11 November 2022
The High Court on Thursday granted bail to two members of the North South University Board of Trustees in a case filed on charge of misappropriation of Tk 3.03 billion during purchasing land for the institution.
The trustees are -- MA Kashem and Rehana Rahman.
The High Court bench of Justice S M Kuddus Zaman and Justice Fahmida Quader delivered the verdict after hearing a rule issued over their bail.
Following their bail petitions the HC on August 2 this year issued a rule asking the bodies concerned to explain in two weeks as to why two members of North South University Trustee Board, MA Kashem, and Rehana Rahman, should not be granted bail in the Tk 3.03 billion money laundering case.
Lawyers Shah Monjurul Hoque and Sayeed Ahmed Raza appeared for the petitioners, while lawyer Khurshid Alam Khan and Deputy Attorney General AKM Amin Uddin Manik represented the Anti-Corruption Commission (ACC) and state respectively during the hearing.