Published on 02:03 PM, April 12, 2015

LOAN DEFAULT CASE

Publish ad asking Khaleda to face court May 17: Court

BNP Chairperson Khaleda Zia

A Dhaka court today asked state-owned Sonali Bank to publish an advertisement asking BNP Chairperson Khaleda Zia and three of her members to appear before it by May 17 in Dandy Dyeing loan default case.

The three family members are Arafat Rahman Koko's wife Sharmila Rahman Sithi and her daughters Zafia Rahman and Zahia Rahman.

The bank will have to publish the advertisement in two national dailies any day before May 17.

Judge Roksana Begum Happy of Artha Rin Adalat-1 ordered this as the defendants did not respond to the summon order issued by the court earlier.

The court fixed the date also to take decision whether hearing in the case will begin in their absence.

On March 18, the same court granted a Sonali Bank’s petition to include the four as defendants in the case on behalf of Koko, who died on January 24.

The court also fixed today (April 12) as the next date of hearing in the case.

Koko was made a defendant in the case filed for realising Tk 45.59 crore.

On October 2 in 2012, Sonali Bank Ltd filed a money suit against 10 directors of Dandy Dyeing Ltd, including BNP Senior Vice Chairman Tarique Rahman and Koko, for defaulting on a loan amounting to Tk 45.59 crore.

The company had borrowed Tk 12.16 crore from the bank's principal office in Dhaka on October 16, 2001, the case statement said.

As the company failed to pay it off, the principal loan plus interest accumulated over the last 11 years totalling to an amount of Tk 45.59 crore.

The other accused in the case include Giasuddin Al-Mamun and his wife Shahina Yasmine, Sayeed Iskander’s wife Nasrin Iskander, Shams Iskander, Shafin Iskander, Sumaiya Iskander, Mozaffar Ahmed and Kazi Galib Abdus Sattar.

Nazrul Islam, senior executive officer of the bank's principal office, filed the case with Artha Rin Adalat-1.