The High Court on Tuesday refused to grant bail to Md Farid Uddin, former manager of Rupali Bank’s Altafnagar Branch of Bogura, in a corruption case filed over misappropriating Tk 2.64 million.
The High Court bench of Justice Md Nazrul Islam Talukder passed the order after holding a virtual hearing on a bail petition filed by Farid Uddin.
According to the case documents, Mr Farid Uddin embezzled the amount from the Rupali Bank’s Altafnagar Branch of Bogura while he was the manager of the branch during July 16, 2007 to April 28, 2010 by misusing power, creating fake microcredit loan documents and giving loans beyond his jurisdiction.