The Supreme Court has rejected two bail petitions filed by Destiny Group Managing Director Md Rafiqul Amin in two money laundering cases.
A four-member bench of the Appellate Division headed by Chief Justice Syed Mahmud Hossain passed the order on Sunday.Earlier on September 24, the Supreme Court set today for the order after holding hearing on the petitions.
On August 20, the High Court turned down the bail petitions of Rafiqul Amin in two money-laundering cases.
Then Rafiqul submitted two petitions with the Appellate Division challenging the HC order.
In the petitions, he sought bail from the apex court in the cases.
On July 31, 2012, the ACC filed the two money-laundering cases against Destiny-2000 chairman and group managing director and 20 others on charge of misappropriating investors’ money amounting to Tk 3,285 crore.