‘Golden Monir’ gets bail but can’t be released

Court decision

Md Monir Hossain aka ‘Golden Monir’, who was granted bail by the High Court on April 5 in a money laundering case, cannot get released from jail before April 26 as the petition challenging his bail will be heard by the Chamber Judge of the Supreme Court on that day.

Chamber Judge of the Appellate Division, Justice Md Abu Jafor Siddique, passed the order today after a brief hearing on the petition filed by the prosecution seeking stay on the High Court bail order, Assistant Attorney General Mohammad Saiful Alam told the media.

During today’s hearing, Senior Lawyer Mohammad Sayeed Ahmed Raza appeared for Monir, who was arrested on November 21, 2021.

On May 11 of the same year, CID Inspector Mohammad Ibrahim filed the case with Badda Police Station under the Money Laundering Prevention Act against 10 people, including Monir.

In the case, Monir’s wife, son, daughter and sister were also made accused.

According to the prosecution, Monir owns around 30 plots, over a dozen buildings and two car showrooms and all were bought with his alleged illegally earned money. CID Inspector Ibrahim added that Monir deposited over Tk 791 crore in 129 bank accounts during his involvement with gold smuggling.

However, only Tk 6.18 crore is currently available in those accounts. - Special Correspondent