Another case against Hall-Mark over loan on fake documents

Sonali Bank Limited today filed another case against Hall-Mark Group on charges of taking over Tk 450.84 crore in loan on fake documents.

Abdus Salam, executive officer of the state-run bank's Ruposhi Bangla branch, filed the case with the Artho Rin Adalat-1 (Money Loan Court) in Dhaka.

Hall-Mark Chairperson Jasmine Islam, Managing Director Tanvir Mahmud and Hall-Mark Fashions Limited, a concern of the group, were made accused in the case.

Accepting the case, Judge Md Rabiuzzaman fixed June 29 for next hearing.

The court asked Tanvir and Jasmine to explain their role in taking over Tk 450.84 crore in loan by that day (June 29).

Earlier, a total of 13 cases were filed against the group over the same allegations.

Sonali Bank started filing these cases after it failed to get buyers for the mortgaged assets of Hall-Mark through auction.

The Anti-Corruption Commission filed 11 cases against 27 persons of Hall-Mark and its lender Sonali Bank in October 2012 and pressed charges against 25 of them in October last year on money laundering allegation.x