The Rapid Action Battalion has arrested Ratanpur Steel Re-rolling Mill Managing Director Maksudur Rahman in Gulshan on charges of loan delinquency.
The elite force raided his house around 11 pm on Wednesday. After two hours, the agency arrested Maksudur and led him away. He covered his face with his clothes to evade the cameras used by the media, reports bdnews24.com.
In a media briefing, Commander Khandaker Al Moin, director of RAB's media wing, said Maksudur was named in multiple cases of loan defaults. A Chattogram court issued two arrest warrants against him, prompting the RAB to arrest him in one of the cases.
A court-imposed a travel ban on Maksudur in connection with the defaults of Tk 3.13 billion borrowed from Janata Bank.