The High Court on Wednesday rejected a bail petition filed by Hallmark Group chairman Jasmine Islam in a case filed for embezzling money.
An HC bench of Justice Md Nazrul Islam Talukder and Justice KM Hafizul Alam passed the after hearing the petition.
The court also asked Jasmine to receive necessary treatment at Bangabandhu Sheikh Mujib Medical University.
Advocate Abdul Matin Sarkar stood for Jasmine while Advocate M Khurshid Alam Khan argued for the Anti-Corruption Commission and deputy attorney general Rona Nahrin and AKM Amin Uddin represented the state.
On November 1, 2016, the ACC arrested the Hallmark Group chairman in a Tk 85.87-crore fresh graft case filed against her.
The national anti-graft body filed a case against 16 people, including Jasmine Islam, with Motijheel Police Station for allegedly plundering Tk 85.87 crore from Janata Bank's Motijheel branch during June 2011 and June 2015.
Hallmark Group managing director Tanvir Mahmud and its general manager Tushar Ahmed were also made accused in the case.
According to the case statement, Tanvir Mahmud and his wife Jasmine Islam opened two bank accounts at Janata Bank's corporate branch in the names of their employees Jahangir Alam and Mir Zakaria, showing that the two are the owners of Anwar Spinning Mills and Max Spinning Mills respectively.
Later, they swindled out Tk 85.87 crore from Janata Bank's corporate branch by opening back-to-back letters of credit (LCs) against the two fake spinning mills.
On August 17, 2017, Jasmine filed a petition, seeking bail to the High Court.
On November, 5 the same year, the HC issued a rule asking the government to explain as to why the Hallmark Group chairman should not be granted bail.
On July 11 last, a court sentenced Jasmine to three years' imprisonment and fined Tk 20 lakh in a case filed for not submitting her wealth statement to the Anti-Corruption Commission.