'Inquiry into money laundering allegations against Ron Sikder, family will continue'
The Supreme Court chamber judge today upheld a High Court order for conducting inquiry into the allegations of money laundering using international credit cards against National Bank Limited's Director Ron Haque Sikder and some of his family members.
Justice Borhanuddin, chamber judge of the Appellate Division of SC, refused to stay the HC order that asked Bangladesh Financial Intelligence Unit (BFIU) and Criminal Investigation Department of Police and Anti-Corruption Commission (ACC) to conduct the inquiries into the allegations.
The order was passed after a hearing on a petition filed by National Bank Limited seeking stay on the HC order.
Justice Bohanuddin also sent the petition to the full bench of the Appellate Division for further hearing on January 2 next year.
ACC's lawyer Khurshid Alam Khan told The Daily Star that there is no legal bar for BFIU, CID and ACC to conduct inquiry into the allegations against Ron Haque Sikder, also a director of Sikder Group, and his family members, of laundering money from National Bank through using international credit cards.
However, National Bank's lawyer Shah Monjurul Hoque told this correspondent that his clients were not involved in any money laundering and all their issues have already been settled by Bangladesh Bank as they have paid the money in question.
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