Tajuddin gets bail on BASIC bank scam case

Tajuddin gets bail on BASIC bank scam case

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The High Court yesterday granted a four-week bail to Ahmed Tajuddin, chairman of UK Bangla Trading Ltd, in a BASIC Bank scam case.The HC also asked the UK Bangla chairman to surrender before a lower court after four weeks.
It asked him to pay Tk 2 crore to the BASIC Bank during the day of surrender before the trial court and asked him to pay TK 2 crore in every two months after his surrender.
In response to a bail petition filed by Tajuddin, a vacation bench of the HC comprising Justice Gobinda Chandra Tagore and Justice Razik-Al-Jalil passed the order.
According to the HC order, Tajuddin will continue to pay the money to the bank until the loan is paid.
Advocate Khurshid Alam Khan, counsel for the Anti-Corruption Commission (ACC) told reporters that the lower court may consider granting Tajuddin bail on his surrender in line with the HC order. But, Tajuddin have to pay TK 2 crore in every two months. If he fails to pay any installment, then his bail would be cancelled, he noted.
The Anti-Corruption Commission (ACC) filed the case against Tajuddin with Gulshan Police Station on September 21 last year on charge of taking a loan of Tk 45 crore from the BASIC Bank through forgery and misappropriating the money.
A total of 56 cases were filed in Gulshan, Motijheel and Paltan police stations in connection with the incident of BASIC Bank scam.-STAFF REPORTER

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