SC scraps HC bail order for Rashedul Haque Chishty

The Supreme Court yesterday scrapped a High Court verdict that granted bail to Rashedul Haque Chishty, son of former chairman of Farmers Bank audit committee Mahbubul Haque Chisty, in a money laundering case involving Tk 159 crore.

The apex court also directed the trial court concerned to finish the case's trial proceedings expeditiously.

A full bench of the Appellate Division headed by Chief Justice Syed Mahmud Hossain came up with the order after hearing two petitions filed by the Anti-Corruption Commission and Rashedul.

The ACC filed the leave to appeal petition challenging an HC verdict that granted bail to Rashedul.

The Appellate Division yesterday also rejected a bail petition of Rashedul.

Lawyer Khurshid Alam Khan argued for ACC while Additional Attorney General Sk Md Morshed represented the state and lawyer AF Hasan Arif appeared for Rashedul during the virtual hearing.

ACC filed the case with Gulshan Police Station in April, 2018 against Rashedul, his father Mahbubul Haque Chisty, mother Rozi Chishty, and sister Rimi Chishty and few others on charges of laundering Tk 159 crore.

Mahbubul and Rashedul are now in jail while Rozi and Rimi on bail in the case.