Shahjalal Islami Bank director on five-day remand again

A Chittagong court yesterday placed Mohammad Solaiman, director of Shahjalal Islami Bank Ltd, on a five-day remand in a case filed for misappropriating Tk 140 crore.
Solaiman was on remand for seven days once before.
Referring to an investigation of the bank, Farman R Chowdhury, managing director of the bank, said Solaiman had influenced the bank to lend Tk 140 crore to SK Steel and gave false assurances about the loan and Solaiman's company Paradise Corporation took over Tk 18 crore as bribe from SK Steel for this.
On April 13, Rashed Sarwar, manager of the bank's Jubilee Road Branch, filed the case accusing Solaiman, his nephew ANM Jahangir, former Jubilee Road branch manager; Enamul Haque, chairman of Paradise Corporation Ltd; and Anisul Haque, director of Paradise Corporation Ltd.