Khandaker Mosharraf's brother denied bail in Tk 2000cr money laundering case

The High Court today (May 17, 2022) refused to grant bail to Khandaker Mohtesam Hossain Babar, brother of former LGRD Minister Engineer Khandaker Mosharraf Hossain, in a Tk 2,000 crore money laundering case.

The HC, however, issued a rule asking the state and Anti Corruption Commission (ACC) to explain in two weeks why Mohtesam should not be granted bail in this case.

The bench of Justice Md Nazrul Islam Talukder and Justice Kazi Md Ejarul Haque Akondo issued the rule following a petition filed by Mohtesam seeking bail in the case.

Police arrested Khandaker Mohtesam Hossain Babar from Bashundhara residential area of ​​Dhaka on March 8.

The Criminal Investigation Department (CID) of police filed the case with Kafrul Police Station in 2020 on charge of laundering Tk2,000 crore.