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Sunday, November 8, 2009

Mamun's bail petition rejected in graft case

Giasuddin Al Mamun

A Dhaka court on Sunday rejected a bail petition of controversial businessman Giasuddin Al Mamun in connection with a money-laundering case filed against him in October this year.

Third Additional Chief Metropolitan Magistrate Golam Rabbani passed the order after Mamun's lawyer submitted a petition seeking bail in this case.

The Anti-Corruption Commission (ACC) on October 26 filed a money-laundering case against BNP Chairperson Khaleda Zia's eldest son Tarique Rahman and his business partner and associate Giasuddin Al Mamun.

The case statement said Tarique and Mamun are accused of laundering Tk 20.41 crore (around Tk 204 million) to Singapore between 2003 and 2007.

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