Money Laundering Case: Korean national’s bail plea refused

The High Court yesterday refused to grant bail to South Korean national Youngsik Lee, a cohort of online casino "kingpin" Salim Prodhan, in a money laundering case.

The bench of Justice JBM Hassan passed "no order" on a petition by Lee, seeking bail in the case, after a virtual hearing.

The High Court's "no order" means that Youngsik Lee has been denied bail and he cannot get released from jail, Anti-Corruption Commission's lawyer Advocate Khurshid Alam Khan told The Daily Star.

He said law enforcers arrested Lee on January 22 in connection with the money laundering case in which Salim Prodhan is the main accused.

Youngsik Lee's lawyer Advocate Sharif Ahmed told this correspondent that he will move the same bail petition before a regular HC bench when the court reopens after the ongoing closure.

On September 28, Salim was arrested at Hazrat Shahjalal International Airport while attempting to flee the country.

Based on information, law enforcers along with Salim conducted a 20-hour raid at his office and residence that day, and seized around Tk 29 lakh, currencies of 23 countries, cheque books, spotted deer hide and foreign liquor, along with a server, four laptops and a desktop computer used for gambling operations.