Destiny MD Rafiqul denied bail

The Supreme Court today refused to grant bail to Destiny Group Managing Director Md Rafiqul Amin in two money laundering cases involving Tk 4,200 crore.

The court, however, fixed September 14 for hearing two petitions filed by Rafiqul seeking bail in the cases.

After a brief hearing, Chamber Judge of the Appellate Division of the SC Justice Md Nuruzzaman sent the bail petitions to its full bench for hearing the matter on September 14.

Rafiqul recently submitted the petitions to the HC through lawyers challenging an HC order that on August 20 this year rejected his bail petitions in the same cases.

In the petitions, he sought bail from the apex court on the grounds that he is sick and has been suffering in jail for a long.

Senior lawyer Abdul Matin Khasru appeared for Rafiqul while Khurshid Alam Khan represented the Anti-Corruption Commission during the hearing.

Rafiqul Amin and Mohammad Hossain have not paid the money yet in line with the SC directive, Khurshid said.

Earlier on August 20 this year, the HC rejected two bail petitions filed by Rafiqul Amin in connection with two same cases.

Earlier on November 13, 2016 Destiny Group Managing Director Rafiqul and Destiny Multipurpose Cooperative Society Ltd Chairman Mohammad Hossain were granted bail by the Appellate Division on the condition that they must pay the government Tk 2,800 crore in six weeks by selling 35 lakh matured trees planted under the company's tree plantation project.