The High Court has granted a permanent bail to Regent Hospital Chairman Mohammad Shahed in a graft case over embezzling Tk 2 crore from Padma Bank (formerly Farmers Bank).
The HC bench of Justice SM Kuddus Zaman and Justice KM Zahid Sarwar Kazal passed the order after holding a hearing on a petition filed by Shahed seeking bail in the case on Thursday, reports The Daily Star.
The court granted bail to Shahed on the ground that he has been in jail for around two years and that the Anti Corruption Commission could not submit the charge sheet of the case to the trial court.
Shahed was arrested in several other criminal cases, hence he cannot be released from jail, said Deputy Attorney General KM Masud Rumy.
ACC will appeal before the Appellate Division of the Supreme Court challenging the HC verdict, said its lawyer Khurshid Alam Khan.
The ACC filed the case with its Dhaka office on July 27, 2020, against Shahed, Mahbubul Haque Chisty, former chairman of Farmer's Bank's audit committee and his son Rashedul Haque Chisty, and Ibrahim Khalil, managing director of Regent Hospital.
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