Proshika chief surrenders; gets bail

A Dhaka court yesterday granted bail to Proshika Chairman Kazi Faruque Ahmed and four others after they surrendered to the court seeking bail in connection with $24.69 lakh money laundering case.
The others granted bails are Proshika's Senior Vice-Chairmen Mahbubul Karim and David William Biswas, Chief Executive Officer Yusuf Ali Miah, and Finance Coordinator Alamgir Kabir.
Judge ANM Bashir Ullah of Metropolitan Sessions Judge's Court set bail at Tk 20,000 each provided with two guarantors.
Anti-Corruption Commission (ACC) Deputy Director Syed Iqbal Hossain filed the case against them with Motijheel Police Station June 9 last year.
Investigation officer ACC Deputy Director Arif Siddiqui submitted charge sheet against Faruque and five others to Dhaka CMM's Court showing 23 people as witnesses.
According to the prosecution, Faruque and the others spent $24.69 lakh from Proshika fund on their children's educational expenses abroad on different dates.
Another accused Mirza Aminur Rahman did not appear before the court yesterday.
Advocate Syed Rezaur Rahman moved the bail petition on behalf of the accused and Metropolitan Public Peosecutor Abdullah Abu opposed.