HC scraps bail order for Rashedul Chisty

The High Court yesterday scrapped a lower court order that granted bail to Rashedul Haque Chisty, son of former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, in a corruption case involving Tk 9.28 crore.

The special judge court of Tangail had granted bail to Rashedul Haque Chisty in the case on May 27.

Later on, the Anti-Corruption Commission filed a petition with the High Court to cancel the Tangail court order, saying that the lower court granted bail to Rashedul without hearing arguments from the counsels of the ACC and public prosecutor.

The ACC filed the case with Tangail Model Police Station on September 16, 2018 against Rashedul and three others on charges of misappropriating and laundering Tk 9.28 crore from bank.

Yesterday, the HC bench of Justice Md Nazrul Islam Talukder cancelled the bail order and asked the Tangail court to hold further hearing on the bail petition of Rashedul and to hear arguments from the both sides.

Rashedul cannot get released from jail following the HC order, ACC lawyer Khurshid Alam Khan told The Daily Star.

Advocate Khurshid Alam argued for the ACC and Attorney General Mahbubey Alam represented the state while Advocate AM Amin Uddin and Advocate Shahariar Kabir Biplab appeared for Rashedul during the virtual hearing over video conference.