HC orders appointing receiver to manage Beximco Group properties, asks BB to repatriate laundered money
TBS Report
19 September, 2024, 03:35 pm
Last modified: 19 September, 2024, 03:40 pm
The High Court has directed Bangladesh Bank to appoint a receiver for the maintenance of all properties of Beximco Group, which is owned by Salman F Rahman.
In the order issued by the court yesterday (18 September) it also asked the Bangladesh Bank to repatriate money allegedly laundered by Salman F Rahman.
Bangladesh Bank has been instructed to submit a report to the court within four weeks regarding the implementation of the order.
Following a hearing on a related petition, the High Court bench of Justice AKM Asaduzzaman and Justice Muhammad Mahbub Ul Islam issued the order along with a rule on 5 September.
The High Court published the written order, which includes the directive to appoint a receiver and attach all properties of Beximco Group of Companies.
Advocate Masud AR Sobhan represented the petitioner during the hearing, accompanied by Barrister Fatema Chowdhury, while Deputy Attorney General Redwan Ahmed Ranjib appeared for the state.
