Sonali Bank loan scam case to continue: HC

The Report Desk

Published: November 1, 2022, 11:03 AM

Sonali Bank loan scam case to continue: HC

The High Court (HC) on Monday overruled the lower court order that acquitted three accused in misappropriating Tk 12.89 crore from Sonali Bank through loan disbursement illegally.

According to the lawyer, the case's trial will continue in the lower court in accordance with the HC order.

The three accused are former Sonali Bank Deputy General Manager Altaf Hossain Howladar, Chairman of Melba Textile Mills Morshed Razzaque and its Managing Director Zaki Ahmed.

It was alleged that former DGM Altaf Hossain Howlader from 2003 to 2006 embezzled Tk 12,89,63,679 giving a loan to Melba Textiles Mills.

Dhaka Metropolitan Senior Special Judge Md Zahurul Haque on June 30, 2014, exempted all the accused from accepting the final report.

Later, the plaintiff moved the case to the High Court seeking a revision to the lower court order.

On June 15, 2015, the High Court issued a rule questioning why the order of acquittal would not be cancelled following a petition received from the plaintiff.

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