Tk 304 crore money laundering: HC denies bail to 2 NSU trustees

The High Court today (August 2, 2022) refused to grant bail to two members of North South University's (NSU) trustee board -- MA Kashem and Rehana Rahman -- in a Tk 304 crore money laundering case.

The court, however, issued two rules asking the state and the Anti-Corruption Commission (ACC) to explain in two weeks why Kashem and Rehana should not be granted bail in the case.

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The bench of Justice Md Nazrul Islam Talukder and Justice Khizir Hayat came up with the rules after hearing two separate petitions filed by Kashem and Rehana seeking bail in the case.

The bench also fixed August 16 for hearing on the rules.

Senior lawyers Shah Monjurul Hoque and Sayeed Ahmed Raza appeared for the petitioners while senior lawyer Khurshid Alam Khan and Deputy Attorney General AKM Amin Uddin Manik represented the ACC and state respectively during the hearing.

ACC Deputy Director Farid Ahmed Patwary filed the case with its integrated district office in Dhaka on May 5.