Destiny chairman gets bail
Dhaka, May 17 (UNB) - A court here on Thursday granted bail to Destiny-2000 Limited chairman and managing director of Boishakhi Media Limited, M Rafiqul Amin, and two other officials in a fraud case.
Metropolitan Magistrate M Saifur Rahman granted the bail upon a bond of Tk 10,000 with two guarantors after the three accused surrendered before the court with a bail petition.
The two other accused are Irfan Ahmed Sunny and Sayed Sajjad Hossain, directors of the Boishakhi Media Limited.
After hearing, the court granted them bail until June 10 and fixed the same date for next hearing.
Earlier, on Monday, the same court issued a warrant for the arrest of the trio after businessman MNH Bulu, a shareholder of Boishakhi Media Limited, filed the case against them on charges of fraudulence.
The complainant said the accused transferred his 64,000 shares of Boishakhi Media to Destiny-2000 through fraudulence.
He alleged that Boishakhi Media, a sister concern of Destiny Group, submitted false annual information to the registrar of Joint Stock Companies.
Several newspapers recently published reports on the multi-level marketing (MLM) company’s alleged involvement in several irregularities, including illegal banking and collecting money from people through cheating.
On April 1, the Parliamentary Standing Committee on Commerce Ministry decided to request the Finance Minister and the central bank governor for taking action against Destiny-2000 Ltd-like MLM companies.
The central bank on the same day also warned people against investing in unapproved banking institutions.
The National Board of Revenue (NBR) froze five bank accounts, including that of Destiny Group's Chairman Rafiqul Amin on April 25.
Metropolitan Magistrate M Saifur Rahman granted the bail upon a bond of Tk 10,000 with two guarantors after the three accused surrendered before the court with a bail petition.
The two other accused are Irfan Ahmed Sunny and Sayed Sajjad Hossain, directors of the Boishakhi Media Limited.
After hearing, the court granted them bail until June 10 and fixed the same date for next hearing.
Earlier, on Monday, the same court issued a warrant for the arrest of the trio after businessman MNH Bulu, a shareholder of Boishakhi Media Limited, filed the case against them on charges of fraudulence.
The complainant said the accused transferred his 64,000 shares of Boishakhi Media to Destiny-2000 through fraudulence.
He alleged that Boishakhi Media, a sister concern of Destiny Group, submitted false annual information to the registrar of Joint Stock Companies.
Several newspapers recently published reports on the multi-level marketing (MLM) company’s alleged involvement in several irregularities, including illegal banking and collecting money from people through cheating.
On April 1, the Parliamentary Standing Committee on Commerce Ministry decided to request the Finance Minister and the central bank governor for taking action against Destiny-2000 Ltd-like MLM companies.
The central bank on the same day also warned people against investing in unapproved banking institutions.
The National Board of Revenue (NBR) froze five bank accounts, including that of Destiny Group's Chairman Rafiqul Amin on April 25.
Comments
No Comments on this News
