• Friday, December 19, 2014

Freedom in the air

Sonali to file case for Hall-Mark land

Sajjadur Rahman

Failing to get any bidder to buy the land of controversial Hall-Mark Group, state-run Sonali Bank has now decided to file a case with Artho Rin Adalat seeking a guideline for its next course of action, a senior lawyer for the bank said yesterday.
“We may file the case this month,” lawyer Hosne Ara Begum told The Daily Star.
Sonali issued a notice on February 20 asking the prospective buyers to submit bids for land purchase, by March 10. But no bidder was found.
The bank aimed to recover Tk 710 crore by auctioning 1,572 decimals of land in Savar, owned by Hall-Mark and its five sister concerns.
Now Sonali Bank will go to Artho Rin Adalat (Money Loan Court) to prove that the land belongs to the bank, said the bank's lawyer.
Hall-Mark alone took away Tk 2,686 crore from Sonali's Ruposhi Bangla branch on forged documents between 2010 and 2012. The scam shook the entire country in May 2012 when it came to the surface.
The Anti Corruption Commission filed 26 cases against 35 persons tied to Hall-Mark and its lender Sonali Bank in January last year.

Hall-Mark Managing Director Tanvir Mahmud and General Manager Tushar Ahmed have been in prison due to the loan scam since October 7, 2012.

Published: 12:00 am Wednesday, March 12, 2014

Last modified: 11:00 pm Tuesday, March 11, 2014

TAGS: Sonali Bank The Daily Star Hall-Mark Group Ruposhi Bangla branch Managing Director Tanvir Mahmud .

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