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The Financial Express

Shahed gets permanent bail in money embezzlement case

| Updated: July 29, 2022 21:43:09


Shahed gets permanent bail in money embezzlement case

The High Court has granted permanent bail to Regent Hospital Chair Mohammad Shahed in a corruption case filed on charge of embezzling nearly Tk 27.5 million from Padma Bank (formerly Farmers Bank).

The bench of Justice SM Kuddus Zaman and Justice KM Zahid Sarwar Kazal gave the order on Thursday, reports UNB.

Lawyer Khurshid Alam Khan represented the Anti-Corruption Commission (ACC) while lawyer Masudul Haque stood for Shahed.

In 2020, ACC Deputy Director Md Shahjahan Miraj filed a case against four people, including Shahed.

“The ACC will appeal before the Appellate Division of the Supreme Court challenging the High Court order,” Khurshid said.

Also, Shahed, who was arrested in several other criminal cases, cannot be released from jail, he added.

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