Sunday, 14 August, 2022
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Four NSU trustees denied bail again

A Dhaka court on Thursday turned down again the bail petitions of four trustees of North South University (NSU) in a case filed for embezzling university money and laundering it.

 Dhaka Metropolitan Senior Special Judge KM Imrul Kayes passed the order rejecting their bail pleas, said Aminul Islam, assistant director of Anti-Corruption Commission (ACC).

The four accused NSU trustees are MA Kashem, Benajir Ahmed, Rehana Rahman and Mohammed Shajahan. All of them are now behind bars for embezzling Tk 304 crore of the university in the name of buying land in Narayanganj.

Earlier on June 20, the same court refused to hear the bail petitions on the ground of having no jurisdiction to entertain the matter as the High Court had already rejected their bail petitions. On May 5, the ACC filed the case against NSU Trustee Board Chairman Azim Uddin Ahmed and four members -- MA Kashem, Benajir Ahmed, Rehana Rahman and Mohammed Shajahan -- and Ashaloy Housing and Developers Ltd

Managing Director Amin Md Hilaly for embezzling over Tk 303.82 crore of the university.

The accused misappropriated the money in the name of purchasing 9,096.88 decimals of land in Rupganj of Narayanganj district at an overvalued rate.

The ACC lawyer argued that the trustees purchased land through overvaluation without the approval of the NSU Syndicate, University Grants Commission (UGC) and education ministry.

Earlier, the ACC probed the graft allegation against the NSU trustees following a complaint filed by Dr Sufi Sagar Sams, adviser to the Protection for Legal and Human Rights Foundation.

Of the accused, four trustees moved to the High Court seeking anticipatory bail in connection with the case.

However, the court handed them over to Shahbagh police to be arrested and produced before the trial court, dismissing their bail pleas.